Despite these positive developments, in 2022, the number of people living in poverty globally still reached an estimated 711 million. Moreover, the global poverty rate increased slightly during the COVID-19 pandemic, and high inflation rates have reduced the purchasing power of many around the ...
contain very high rates of rural poverty. In these regions, indigenous communities have been living on the margins of development processes and government (or international) programs. Migration to urban areas is often the only way to findemploymentand - thus - escape poverty. ...
poverty rates of 0.77, 0.61 and 0.52, respectively. In contrast, the map of the poverty headcount indicated that some countries had large poverty headcounts, e.g. Nigeria and India at 79 and 57 million people, respectively (Fig.3c). In these countries, the poverty rates were not ...
Organisation for Economic Co-operation and Development (OECD, 2017) OECD economic surveys: India, overview Papke LE, Wooldridge JM (1996) Econometric methods for fractional response variables with an application to 401(k) plan participation rates. J Appl Econom 11(6):619–632 Article Google Schola...
The United States struggles with high poverty rates, particularly in the wake of the COVID-19 pandemic, which has further exposed income inequalities and deepened the financial struggles of those living below the poverty line. The International Day for the Eradication of Poverty is observed ...
A chart showing the explosive growth of social welfare spending in Western nations. A chart showing how redistribution programs create very high implicit tax rates. I augment those visuals with other analysis, such as my two-part series (here and here) on the right and wrong way to reduce p...
HIV/AIDS remains widespread globally, with particularly high infection and mortality rates in sub-Saharan Africa [7]. Acute hepatitis, including hepatitis A, B, C, and E, is primarily transmitted through different routes: hepatitis A and E are mainly spread through contaminated food and water; ...
rates by 0.28% per year (Extended Data Fig.6). Reaching net zero GHG emissions by 2050 is more ambitious than what is needed to keep warming below 1.5 degree with a 50% likelihood and no or limited overshoot2. With less stringent objectives (e.g. 10 Gt CO2e in 2050), the result ...
The “Green Great Wall” is not just aboutplanting trees. Teams have tested hardy species like poplars that can withstand dry climates, pairing them with clever water-diversion techniques to boost survival rates and growth. Beyond greening the land, the program supports broader goals like fighting...
According to the findings, financial technology adoption can effectively lower rates of poverty and lessen income inequality over an extended period of time; nevertheless, the relationship is an asymmetrical one. So, there is a need to incentivize traditional financial institutions, and internet firms ...