The coronavirus pandemic-led economic shock just shrunk the lucrative middle class market by 32 million people, according to a recent report by the Pew Research Centre based on the World Bank data
As we approach Stockholm+50, we are looking at an increasingly inequitable world; where poverty and marginalisation are growing
What should concern India is not just its loss of economic momentum, but also the fact that it is not outpacing countries not even remotely like China in growth and development, writes T N Ninan
President Xi Jinping on Thursday declared that China has achieved a "complete victory" in its fight against absolute poverty by lifting over 770 million people out of it in the last four decades
President Xi Jinping declared that China has scored a "complete victory" in its fight against poverty
Absolute poverty has been eradicated in the world''s most populous country, Xi announced while addressing a gathering held here to mark the country''s accomplishments
Economic reforms require expending political capital by the governments, as the benefits of reforms are spread thin and become apparent only with a time lag
Khan said that Beijing had managed to prove that poverty alleviation is real development
Banerjee tells Anjuli Bhargava he wants the world to have the right conversations before marching on in its battle against extreme poverty
By 2050-the year when a growing list of nations aim to have zeroed out their contributions to climate change-the UN projects the global population will be 9.7 billion
The 'High Damage' scenario anticipates that 80 per cent of the Covid-induced economic crisis would persist in 10 years' time due to loss in productivity
After assuming leadership of the Communist Party eight years ago, Xi made the drive to eliminate extreme poverty by 2020 one of his top goals.
An additional 207 million people could be pushed into extreme poverty by 2030, due to the severe long-term impact of the coronavirus pandemic, bringing the total number to more than a billion
He voiced grave concern that extreme poverty is rising, the threat of famine looms and the world faces the biggest global recession in eight decades
The milestone was achieved by lifting 93 million people out of poverty since 2013, China's government said
An estimated one in six children or 356 million globally were living in extreme poverty before the Covid-19 pandemic began, and this is set to worsen significantly
"Women are at greatest risk because they are more likely to lose their jobs, and less likely to have social protection"
India, the region's biggest economy, is likely to see its economy contract by 9.5% this year, the World Bank report said
The World Bank on Wednesday warned that by 2021, as many as 150 million people are likely to be in extreme poverty because of the coronavirus pandemic
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