Ending Extreme Poverty
To read the reports and the projections of The World Bank, it would seem that it is possible to end extreme poverty in the world by 2030. How realistic is that goal? It is not possible to know for sure if that goal is achievable, but when the facts of how many people live in terrible, depressing poverty, credit has to be given to The World Bank for trying. This paper presents the facts and projections of The World Bank and of the United Nations as well.
The World Bank's Plan
In a press release issued in April, 2014, The World Bank expressed the notion that countries cannot expect to reduce grinding poverty amongst their citizens simply by expanding economic growth. The right way to reduce extreme poverty is to " ... complement efforts to enhance growth" with programs that allocate more resources to the extreme poor" (TWB 2014). Moreover, the press release statement continued, countries must also make certain that "... in the long run" the poor must not find themselves stuck " ... just above the poverty line" because they had no opportunities to rise higher.
World Bank Group President Jim Yong Kim is quoted saying that economic growth must be "more inclusive" and...
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