Laurence Chandy, Fellow, Global Economy and Development, Development Assistance and Governance Initiative
Geoffrey Gertz , Research Analyst, Global Economy and Development
We are living through a period of rapid global poverty reduction. According to recent estimates, high, sustained growth across most of the developing world has helped nearly half a billion people escape $1.25-a-day poverty between 2005 and 2010. Never before have so many people been lifted out of poverty over such a brief period.