This challenge paper draws on available evidence to challenge existing thinking on the way forward for a revised agenda to eradicate extreme poverty.
Authors: Amanda Lenhardt and Andrew Shepherd
Read MoreTackling chronic poverty: The policy implications of research on chronic poverty and poverty dynamics
The first decade of the 21st century has illustrated the power of economic growth (especially in China) and human development to bring large numbers out of poverty. But a large number of people
remain abjectly poor, among them almost half a billion people who are poor over long periods of time, their entire lives, and who may pass poverty to their children. The essential argument advanced in this report is that if these people are to escape poverty beyond 2015, they require additional policies and political commitment, underpinned by greater understanding and analysis, compared to what is currently practiced at global and national levels.
Social protection transfers for chronically poor people
Social protection policies aim to address both severe and long-term poverty, and to reduce vulnerability, and are thus one of the most significant areas of policy for chronically and severely poor people. good social protection addresses both factors that push people into poverty and those which keep them there. It can help both poor people and countries move out of ‘low equilibrium poverty traps’, where they are producing low-value added products with limited returns.
Author: Rachel Marcus
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