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Transition from IBRD-IDA Blend to IBRD-only: Issues ... - Ravi Kanbur

Transition from IBRD-IDA Blend to IBRD-only: Issues ... - Ravi Kanbur

Transition from IBRD-IDA Blend to IBRD-only: Issues ... - Ravi Kanbur

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The New Geography of Global Poverty<br />

• A striking stylized fact (Sumner, 2010).<br />

• Two decades ago, 90% of the world’s poor lived in LICs.<br />

Today, three quarters of the world’s poor live in MICs.<br />

• Not just India (450m) and China (200m). Nigeria,<br />

Indonesia, Pakistan, Philippines <strong>to</strong>gether account for<br />

more than 200m.<br />

• The poor haven’t moved, of course! They have been<br />

reclassified.<br />

• But this reclassification matters, because it affects how<br />

they are seen by the current architecture of<br />

development assistance.

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