What is the Poverty and Shared Prosperity Report published by World Bank?
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What is the Poverty and Shared Prosperity Report published by World Bank?
How does the report help in analyzing the challenges in overcoming poverty and promoting prosperity?
The Poverty and Shared Prosperity Report is a publication released by the World Bank that provides an analysis of global poverty and inequality trends. The report is published every two years and serves as a tool for policymakers and development practitioners to better understand the challenges of reducing poverty and promoting shared prosperity.
The report has revealed that the number of people living in extreme poverty, defined as living on less than $1.90 per day, has declined significantly in recent years. However, the report also highlighted that progress has been uneven and that poverty remains a persistent problem in many regions of the world.