Global Development

Millennium Development Goals

Reuters/Gary Cameron - World Bank Group President Jim Yong Kim addresses the crowd at a program for the "EndPoverty 2030" campaign in Washington April 10, 2014.

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The Poverty of Poverty Data

October 10, 2014, Laurence Chandy and Homi Kharas

The World Bank recently published its latest estimate of global poverty, reporting that 1.01 billion people lived under $1.25 a day in 2011. Yet, Laurence Chandy and Homi Kharas write that the new poverty estimate fails to indicate how far we are to reaching the Millennium Development Goal of ending extreme poverty.

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