World Poverty is Falling

Matt Ridley

Between 1970 and 2006, the global poverty rate has been cut by nearly three quarters. Looking past the title (“Parametric Estimations of the World Distribution of Income”), an interesting NBER paper from Maxim Pinkovskiy and Xavier Sala-i-Martin shows that in spite of an 80% increase in population between 1970 and 2006, poverty rates have fallen by the […]

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