Publication

This paper updates the distribution of global poverty data and makes projections up to 2020. The author asks the question: Do the world’s extreme poor live in poor countries? It is argued that many of the world’s extreme poor already live in countries where the total cost of ending extreme poverty is not prohibitively high as a percentage of GDP. And in the not-too-distant future, most of the world’s poor will live in countries that do have the domestic financial scope to end at least extreme poverty. This would imply a re-framing of global poverty as largely a matter of domestic distribution.