I. Jeffrey Sachs: Eliminating Global Poverty in Our Lifetime

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I. Jeffrey Sachs Eliminating Global Poverty in
Our Lifetime II. The Geography of Poverty III. T
he World Banks World Development Report Per
Capita Income and Country Categories
IV. The UNDPs Human Development Report HDI
Positives and Negatives
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Bonos Forward Sachs A Global Family Portrait
Malawi Bangladesh India China
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Source World Development Report 2005, Human
Development Report 2005
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• Three Concepts of Poverty
• Absolute
• Moderate
• Relative

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• The Geography of Poverty
• Where is the largest number of people in
  absolute poverty?
  
• What region has made the greatest strides in
  reducing absolute poverty in the past 20 years?

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• The Geography of Poverty
• In which region is the absolute poverty rate the
  highest? Lowest?
  
• In which two regions is absolute poverty
  increasing?

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• Why does Sachs think that poverty can be
  eliminated in a single generation?
  
• Two questions
• Can the world do more?
• Is money the only obstacle?

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• Vocabularies of Development
• Backward vs. advanced nations
• Developing or underdeveloped countries
• First, second and third worlds
• North vs. South
• World Bank Low Income, Middle Income, High
  Income countries

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Source World Development Report, 2005
Note these figures mask major variation within
categories Cutoffs Low-income 825 per capita i
ncome or less Middle-income 826-10,065 Hig
h-income 10,066 or more Question why is per-ca
pita income a problematic way of measuring
development? (remember virtual tour question)
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• An Alternative Measure of Development The Human
  Development Index
  
• income
• literacy
• life expectancy

2005 Ranking Norway is 1, US is 10
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Per Capita Income Rank minus HDI Rank equals
How are these discrepancies to be explained?
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Source Human Development Report 2005
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(No Transcript)
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Recall what makes Kerala special
What general conclusions can we draw from this
and previous slides about the bases of human
development?
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• The richest 20 receive 75 of the worlds
  income
  
• The poorest 40 receive 5 of the worlds income
• If the world were a country, the median income
  would be 1700 and the average income would be
  5533 (in purchasing power parity)
  
• According to the UNDP, convergence is slowing
  and may be reversed.