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Views from the Center

CGD experts offer ideas and analysis to improve international development policy. Also check out our Global Health blog and US Development Policy blog.

 

An End to Global Poverty: Philanthropy, Welfare Capitalism, or Radically Different Global Economic Model?

There have been numerous estimates of future poverty to 2030 based on projections of growth and inequality that rely on informed assumptions and guess work. With that method, no matter how carefully done, you’re almost certain to get it wrong. So Peter Edward and I decided to do something different: look back at growth and its distribution since 1990 and see what it would have taken to have ended global poverty by now based on the actual data.

Good News: History Does Not Equal Destiny

Five years ago, probably the most positive you could be about global development was to argue that, despite a sluggish performance in reducing global income poverty connected to slow-changing institutions, broader quality of life in areas like education and  health had improved everywhere.  That’s pretty much the story I told in Getting Better.  But since then, what we have learned about development progress suggests su