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Over the weekend, Angus Deaton won the Nobel Prize in economics. The previous weekend, the World Bank announced that the global poverty rate dipped below 10 percent in 2015, for the first time in history. These two announcements have an interesting connection.
We are delighted to see that Nora Lustig, a CGD non-resident fellow and head of the Tulane University Commitment to Equity Institute is one of eight distinguished economists appointed to the core group of a new Global Poverty Commission announced this week by World Bank Chief Economist Kaushik Basu.