Marta Schoch

Working on poverty and inequality @WorldBank. PhD, @SussexUni. Interested in Political Economy, Inequality, Migration and Development.
Views are my own.

[Luis Felipe López-Calva @LFLopezCalva]

Engaging conversation today during the @WorldBank’s #Africa Inspirational Breakfast Series, where we presented the @WBG_Poverty Poverty and Shared Prosperity Report.

Ending #poverty will require increased efforts in Sub-Saharan Africa, where 60% of the global extreme poor live.

[David Malpass @DavidRMalpass]

There is a clear crisis in development — poverty is going up & median incomes are going down.

Read my foreword from the @WorldBank’s new 2022 Poverty & Shared Prosperity Report (PSPR) here: https://t.co/8yE4vLp1bn

[Nishant Yonzan @nishant_yonzan]

What happened to global inequality in 2020?
In a just-released paper (https://t.co/4KQIXlr3j7) with Daniel G. Mahler, @ChristophLakner, and I look at what happened to global inequality and poverty due to the COVID pandemic in 2020.

Three things to note:

[Reuters @Reuters]

Shocks related to the COVID pandemic and the war in Ukraine mean the world is unlikely to meet a longstanding goal of ending extreme poverty by 2030, the World Bank said in a new report https://t.co/PKblLsQUOS

[Bloomberg @business]

The Covid-19 pandemic and Russia’s invasion of Ukraine have reversed three decades of progress in reducing poverty, according to the World Bank https://t.co/fIjPHv9GAJ

[Justin Sandefur @JustinSandefur]

New GLOBAL POVERTY projections from the World Bank are officially out today:

- 9.3% global poverty in 2020, up from 8.4% in 2019, meaning 70m new poor.

- Poverty reduction likely stalling again in 2022.

https://t.co/ywoj9SCKYU

1/

[World Bank Group Publications @WBGPubs]

NEW! Poverty and Shared Prosperity 2022 offers the first comprehensive look at the global landscape of poverty in the aftermath of #COVID19 and the war in Ukraine and shows the potential of fiscal policy reforms in giving inclusive growth a hand: https://t.co/t24dytT5w5

#PSPR

[Indermit Gill @IndermitGill]

Today the @WorldBank published its latest Poverty and Shared Prosperity Report. The global goal of ending extreme poverty by 2030 is likely to be missed: by then, about 600 million people will remain in abject poverty. A major course correction is needed. https://t.co/bWuG6FAfv5

[World Bank Poverty @WBG_Poverty]

The @WorldBank’s latest Poverty and Shared Prosperity Report (#PSPR) provides the first comprehensive look at global poverty in the aftermath of an extraordinary series of shocks to the global economy. https://t.co/ghcBLmdYGq 1/11

[Stefan Dercon @gamblingondev]

Politics matters - but good sense of what is going on as well. Not least in Nigeria where poverty is high but hard to ascertain trends.

I like this attempt, finding poverty is sticky, inversely following of oil prices, so up since 2016.
https://t.co/IHFvUUbRVf @jonathanwlain

[World Bank Poverty @WBG_Poverty]

By investing in data, Nigeria can build trust, accountability, and transparency, taking substantial strides forward along its pathway to poverty reduction. https://t.co/uStSjVwtrO via @WorldBankAfrica

[Christoph Lakner @ChristophLakner]

Update of @worldbank’s global #poverty numbers: Small revisions to published estimates. 2019 numbers for some regions.
Blog: https://t.co/ol0CY43Ucn
Details: https://t.co/AyfITcsivp
Data: https://t.co/18Wk4azLXa

https://t.co/FbiCQEUE3P
@worldbankdata @WBG_Poverty

[Andrea Carboni @a_carboni]

Mentre attendiamo l'insediamento di #Draghi, oggi vede alla luce il progettino su cui ho lavorato per quattro anni. Un dataset di poco meno di 5mila righe che racconta la storia dei governi italiani da De Gasperi fino a Conte https://t.co/l4FZZYg1HX

[World Bank Poverty @WBG_Poverty]

Rapid Response Phone #Surveys (RRPS) make it easier to gather near real-time #data from households and businesses even in remote locations. Learn how the @WorldBank is using RRPS and other rapid monitoring tools to help communities in need during #COVID19: https://t.co/78x4pvCgtK

[Marta Schoch @marta_schoch]

Also, @WBG_Poverty has a new Poverty Podcast https://t.co/RbsMLamvUn

[Marta Schoch @marta_schoch]

Within Nigeria, the distribution of monetary and multidimensional poverty is spatially unequal, so poverty reduction strategies need to be carefully targeted. https://t.co/PCNrThpTOw via @worldbank
Great work by @jonathanwlain&@TaraVishwanath

[Marta Schoch @marta_schoch]

Conflict, climate shocks, and COVID-19 need to be carefully considered to successfully reduce poverty in Nigeria, mirroring similar challenges to global poverty reduction in the coming decade. https://t.co/wxLO3DbZtp

[Quirinale @Quirinale]

Messaggio di fine anno del Presidente della Repubblica Sergio #Mattarella: https://t.co/KTGeirsowz

[Marta Schoch @marta_schoch]

Countries with the largest number of poor in the region: Nigeria (79 million), the Democratic Republic of Congo (60 million), Tanzania (28 million), Ethiopia (26 million), and Madagascar (20 million). With Nigeria accounting for 20% of the poor.

[Marta Schoch @marta_schoch]

Half of the countries in Sub-Saharan Africa have poverty rates higher than 35%. https://t.co/zV3510dIkK via @worldbank @worldbankdata @WBG_Poverty

[Marta Schoch @marta_schoch]

Last blog for this year, looking in more detail at poverty in Sub-Saharan Africa and following last week's post analyzing regional trends: https://t.co/5pUGGBzfyh