Tackling Extreme Poverty in the Shadow of Violence

Tackling Extreme Poverty in the Shadow of Violence
International Monetary Find Managing Director Christine Lagarde listens as World Bank President Jim Yong Kim addresses a forum in Lima, Peru, Oct. 7, 2015 (AP photo by Rodrigo Abd).

Last month, the board of governors of the World Bank gathered for their annual meeting in Lima, Peru. To much fanfare, they released new data demonstrating that for the first time, the percentage of the global population living in extreme poverty—that is, on less than $1.25 a day—has dropped below 10 percent. The international community has much to celebrate with this achievement, but the work is not done. In fact, the remaining zones of abject poverty around the world are the toughest cases yet. They are often located in zones of habitual conflict where, repeatedly, the World Bank, the United […]

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