Prosperity for all: ending extreme poverty

The new World Bank paper, Prosperity for All: Ending Extreme Poverty, begins by looking at progress to date in reducing global poverty and discusses some of the challenges of reaching the interim target of reducing global poverty to 9 percent by 2020, which was set by the WBG President at the 2014 Annual Meetings. It also reports on the goal of promoting shared prosperity, with a particular focus on describing various characteristics of the bottom 40 percent. A more detailed report with policy recommendations in the areas of ending extreme poverty and boosting shared prosperity is due for release at the Annual Meetings later this year.