This edition of the biennial Poverty and Shared Prosperity report brings sobering news. The COVID-19 (coronavirus) pandemic and its associated economic crisis, compounded by the effects of armed conflict and climate change, are reversing hard-won gains in poverty reduction and shared prosperity. The fight to end poverty has suffered its worst setback in decades after more than 20 years of progress. The goal of ending extreme poverty by 2030, already at risk before the pandemic, is now beyond reach in the absence of swift, significant, and sustained action, and the objective of advancing shared prosperity—raising the incomes of the poorest 40 percent in each country—will be much more difficult. Poverty and Shared Prosperity 2020: Reversals of Fortune presents new estimates of COVID-19's impacts on global poverty and shared prosperity. Harnessing fresh data from frontline surveys and economic simulations, it shows that pandemic-related job losses and deprivation worldwide are hitting already poor and vulnerable people hard, while also shifting the profile of global poverty to include millions of 'new poor.' Original analysis included in the report shows that the new poor are more urban, better educated, and less likely to work in agriculture than those living in extreme poverty before COVID-19. It also gives new estimates of the impact of conflict and climate change, and how they overlap. These results are important for targeting policies to safeguard lives and livelihoods. It shows how some countries are acting to reverse the crisis, protect those most vulnerable, and promote a resilient recovery. These findings call for urgent action. If the global response fails the world's poorest and most vulnerable people now, the losses they have experienced to date will be minimal compared with what lies ahead. Success over the long term will require much more than stopping COVID-19. As efforts to curb the disease and its economic fallout intensify, the interrupted development agenda in low- and middle-income countries must be put back on track. Recovering from today's reversals of fortune requires tackling the economic crisis unleashed by COVID-19 with a commitment proportional to the crisis itself. In doing so, countries can also plant the seeds for dealing with the long-term development challenges of promoting inclusive growth, capital accumulation, and risk prevention—particularly the risks of conflict and climate change.

The COVID-19 pandemic triggered a pronounced setback in the fight against global poverty—likely the largest setback since World War II. Many low- and middle-income countries have yet to see a full recovery. High indebtedness in many countries has hindered a swift recovery, while rising food and energy prices—fueled in part by conflict and climate shocks—have made a return to progress on poverty reduction more challenging than ever. These setbacks have altered the trajectory of poverty reduction in large and lasting ways. The world is significantly off course on the goal of ending extreme poverty by 2030.The year 2020 also marked a historic turning point as decades of global income convergence gaveway to global divergence as the world’s poorest people were hardest hit. The richest people have recovered from the pandemic at a faster pace, further exacerbating differences. These diverging fortunes between the global rich and poor ushered in the first rise in global inequality in decades. Poverty and Shared Prosperity 2022: Correcting Course provides the first comprehensive analysis of the pandemic’s toll on poverty in developing countries.It identifies how governments can optimize fiscal policy to help correct course. Fiscal policies offset the impact of COVID-19 on poverty in many high-income countries, but those policies offset barely onequarter of the pandemic’s impact in low-income countries and lower-middle-income countries. Improving support to households as crises continue will require reorienting protective spending away from generally regressive and inefficient subsidies and toward a direct transfer support system—a first key priority. Reorienting fiscal spending toward supporting growth is a second key priority identified by the report. Some of the highest-value public spending often pays out decades later. Amid crises, it is difficult to protect such investments, but it is essential to do so. Finally, it is not enough just to spend wisely—when additional revenue does need to be mobilized, it must be done in a way that minimizes reductions in poor people’s incomes. The report highlights how exploring the underused forms of progressive taxation and increasing the efficiency of tax collection can help in this regard. Poverty and Shared Prosperity is a biennial series that reports on global trends in poverty and shared prosperity. Each report also explores a central challenge to poverty reduction and boosting shared prosperity, assessing what works well and what does not in different settings. By bringing together the latest evidence, this corporate flagship report provides a foundation for informed advocacy around ending extreme poverty and improving the lives of the poorest in every country in the world. For more information, please visit worldbank.org/poverty-and-shared-prosperity.

The World Bank Group has two overarching goals: End extreme poverty by 2030 and promote shared prosperity by boosting the incomes of the bottom 40 percent of the population in each economy. As this year’s Poverty and Shared Prosperity report documents, the world continues to make progress toward these goals. In 2015, approximately one-tenth of the world’s population lived in extreme poverty, and the incomes of the bottom 40 percent rose in 77 percent of economies studied. But success cannot be taken for granted. Poverty remains high in Sub- Saharan Africa, as well as in fragile and conflict-affected states. At the same time, most of the world’s poor now live in middle-income countries, which tend to have higher national poverty lines. This year’s report tracks poverty comparisons at two higher poverty thresholds—$3.20 and $5.50 per day—which are typical of standards in lower- and upper-middle-income countries. In addition, the report introduces a societal poverty line based on each economy’s median income or consumption. Poverty and Shared Prosperity 2018: Piecing Together the Poverty Puzzle also recognizes that poverty is not only about income and consumption—and it introduces a multidimensional poverty measure that adds other factors, such as access to education, electricity, drinking water, and sanitation. It also explores how inequality within households could affect the global profile of the poor. All these additional pieces enrich our understanding of the poverty puzzle, bringing us closer to solving it. For more information, please visit worldbank.org/PSP

Poverty and Shared Prosperity 2016 is the first of an annual flagship report that will inform a global audience comprising development practitioners, policy makers, researchers, advocates, and citizens in general with the latest and most accurate estimates on trends in global poverty and shared prosperity. This edition will also document trends in inequality and identify recent country experiences that have been successful in reducing inequalities, provide key lessons from those experiences, and synthesize the rigorous evidence on public policies that can shift inequality in a way that bolsters poverty reduction and shared prosperity in a sustainable manner. Specifically, the report will address the following questions: • What is the latest evidence on the levels and evolution of extreme poverty and shared prosperity? • Which countries and regions have been more successful in terms of progress toward the twin goals and which are lagging behind? • What does the global context of lower economic growth mean for achieving the twin goals? • How can inequality reduction contribute to achieving the twin goals? • What does the evidence show concerning global and between- and within-country inequality trends? • Which interventions and countries have used the most innovative approaches to achieving the twin goals through reductions in inequality? The report will make four main contributions. First, it will present the most recent numbers on poverty, shared prosperity, and inequality. Second, it will stress the importance of inequality reduction in ending poverty and boosting shared prosperity by 2030 in a context of weaker growth. Third, it will highlight the diversity of within-country inequality reduction experiences and will synthesize experiences of successful countries and policies, addressing the roots of inequality without compromising economic growth. In doing so, the report will shatter some myths and sharpen our knowledge of what works in reducing inequalities. Finally, it will also advocate for the need to expand and improve data collection—for example, data availability, comparability, and quality—and rigorous evidence on inequality impacts in order to deliver high-quality poverty and shared prosperity monitoring.

In a world filled with both enormous wealth and pockets of great devastation, how should the well-off respond to the world's needy? This is the urgent central question of Being Good in a World of Need. Larry S. Temkin, one of the world's foremost ethicists, challenges common assumptions about philanthropy, his own prior beliefs, and the dominant philosophical positions of Peter Singer and Effective Altruism. Filled with keen analysis and insightful discussions of philosophy, current events, development economics, history, literature, and age-old wisdom, this book is a thorough and sobering exploration of the complicated ways that global aid may incentivize disastrous policies, reward corruption, and foster “brain drains” that hinder social and economic development. Using real-world examples and illuminating thought experiments, Temkin discusses ethical imperialism, humanitarian versus developmental aid, how charities ignore or coverup negative impacts, replicability and scaling-up problems, and the views of the renowned economists Angus Deaton and Jeffrey Sachs, all within the context of deeper philosophical issues of fairness, responsibility, and individual versus collective morality. At times both inspiring and profoundly disturbing, he presents the powerful argument that neglecting the needy is morally impermissible, even as he illustrates that the path towards helping others is often fraught with complex ethical and practical perils. Steeped in empathy, morality, pathos, and humanity, this is an engaging and eye-opening text for any reader who shares an intense concern for helping others in need.

More than a decade has passed since the publication of the series entitled Social Analysis of Agriculture and Rural Investment Projects, which comprises three complementary manuals – the Manager’s, Practitioner’s and Field guides. During this time, conflict, climate change and economic downturns have been driving up poverty, hunger, and socioeconomic inequalities, reducing the resilience of agrifood systems. In response, the FAO Investment Centre has updated the Social Analysis guides to address the evolving and volatile rural transformation context, providing programme managers, practitioners and field workers with a set of enhanced tools for the design, implementation and evaluation of inclusive investments in agrifood systems. Today’s investments must prioritize more demand-driven, people-centred, culturally sensitive and locally owned sustainable approaches, with increased attention to reducing gender and other inequalities. Operationalizing these principles contributes to FAO’s and financing agencies’ objectives of ending poverty, improving food security and nutrition, and reducing inequalities. The goal of the updated guides is to support investments that contribute to inclusive, resilient and sustainable agrifood systems, aligned with the outcomes of the UN Food Systems Summit, the Sustainable Development Goals (SDGs), and the core principle of leaving no one behind. This publication is part of the Investment Toolkits series under the FAO Investment Centre's Knowledge for Investment (K4I) series. The contents of this publication have been turned into three e-leaning courses, which are accessible for free through the FAO E-learning Academy.

Access to health care is the ability to receive health services for the prevention, detection, and treatment of disorders that affect health. For health care to be accessible, it must be affordable and able to protect and improve health. There are myriad reasons that may make access to health services difficult or even impossible. These include economic problems, conflicts, climate change, internal and external migrations, beliefs, and so on. This book examines many of these barriers to health care and proposes solutions for overcoming them.

International development is a vibrant, interdisciplinary area of the social sciences. This Short Guide offers a uniquely succinct and balanced account of this politically charged subject. It distils both the classic and newer debates together in a clear framework and illustrates them with contemporary examples. Designed to introduce a wide readership to international development, the book: • considers how far the field has been reconfigured over time and to what extent it is likely to change in the future; • reviews contemporary topics including tourism, migration and digital technologies; • includes distinctive international case studies and examples. By providing a succinct evaluation of competing approaches to, and perspectives on, the idea and practice of international development, this book offers students across the social sciences a distinct and invaluable introduction to the field.

The book brings together a series of contributions with a common goal of reflecting the links between economic development and rural development. The scenario is dotted not only with old and new wounds but also with innovative strategies in an attempt to overcome existing delays. The chapters of the book are composed of scenarios full of case studies. The plans to be adopted to help the countries that have lagged behind fueled an intense debate since the obstacles to development, as evidenced by the extensive scientific literature available, now appeared to be the realities present in the socio-economic structures of a large number of villages. Although the data available are still few, it is assumed that the Covid-19 pandemic will make a landscape already full of criticalities even more fragile.

Учебник по дисциплине «Проблемы глобальной экономики» (на английском языке) Problems of Global Economy подготовлен коллективом авторов Департамента Мировой экономики и международного бизнеса Финансового Университета при Правительстве Российской Федерации в соответствии с Федеральным образовательным стандартом высшего образования по направлению «Экономика». Учебник предназначен для изучения и закрепления теоретических знаний, а также для приобретения навыков их практического применения. Каждая глава учебника сопровождается вопросами и кейсом, которые позволяют систематизировать и закрепить полученные знания.Учебник предназначен для студентов бакалавриата, преподавателей высших учебных заведений, а также всех интересующихся современными проблемами глобальной экономики.