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.
The Poverty of Poverty Data
October 10, 2014,
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.