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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.

 

The World Bank’s Poverty Statistics Lack Median Income Data, So We Filled In the Gap Ourselves — Download Available

PovcalNet, the World Bank’s global poverty database, provides all kinds of country statistics, including mean income, the share (and number) of the population living in absolute poverty ($1.90), the poverty gap and several measures of income inequality, such as the Gini coefficient. But one thing it doesn’t provide is median income or consumption. The median is a better measure of “typical” well-being than the mean, which is always skewed to the right.

We’ve been waiting for the World Bank to add these medians to its PovcalNet database, but we got impatient and did it ourselves. By manually running a few hundred queries in PovcalNet, we now have (and can share with you) the latest median income/consumption data for 144 countries (using 2011 PPPs — more on our methods below).

Seven Development Policy Wishes for 2016

Sometimes it feels like Groundhog Day. Every twelve months or so, I sit down to write about my main wishes for the forthcoming year in development, and every list for the last few years has included my desire to see the US make good on its commitment to IMF quota reform (which would be of little extra cost to the US taxpayer as the US share of IMF funds could be augmented from existing monies already set aside for global financial crises). Dear reader, you can share my past frustration here, here and here.