Over the past 30 years we have seen extreme poverty fall from over 35% of the global population to under 10% right before COVID. The effort to reduce poverty in the world has been largely a success story since 1990, but not for everyone.
This week on the Global Governance Podcast, we welcome the Global Director of the Poverty and Equity Global Practice at the World Bank, Carolina Sánchez-Páramo. Carolina has kept a finger on the pulse of world poverty for over 20 years in her career at the World Bank which has seen her in senior positions across the globe. Most recently, she has been part of an unprecedented effort to survey households in over 100 developing countries to better understand the impact of COVID-19 on households.
In this episode our host, Augusto Lopez-Claros, sits down with Carolina to discuss the state of poverty in 2021, the future of our world economy, who is shouldering the economic impact of the pandemic and more.