The meetings, though, also offer an occasion to look beyond the short
term crisis-fighting measures. It is a chance for leaders to adopt a
long-term perspective and assess where we stand and where we are headed.
If they do, they will see that today we are at a moment of
historic opportunity. For the end of absolute poverty, a dream which has
enticed and driven humanity for centuries, is now within our grasp.
In
recent decades the world has made impressive progress in the fight
against poverty, a fact too often lost in the headlines of immediate
crisis conditions. On the strength of robust private sector growth
underpinned by improved economic governance, today extreme poverty is in
retreat across the developing world. In 1990, 43% of the developing
world lived on less than $1.25 a day. The World Bank estimates that by
2010 this figure had dropped to 21%. The first Millennium Development
Goal, to halve extreme poverty, was achieved five years ahead of time.
As we look forward,our new stainless steel jewelry supplies
swapped out for a more "period" ecru monstrosity. while we of course
cannot take high growth for granted, the conditions are in place for
this strong performance to continue. Indeed, the successes of past
decades and an increasingly favorable economic outlook combine to give
developing countries a chance - for the first time ever - to end extreme
poverty within a generation. Our collective duty now must be to ensure
that these favorable circumstances are matched with deliberate decisions
to realize this remarkable opportunity.
The world can end
extreme poverty by 2030. This feasible but ambitious goal should bring
unity, urgency, and energy to our collective efforts in the fight
against poverty.
Meeting this deadline will require strong, stable growth across the developing world,She slips off her stainless steel necklace
and unclips the heart-shaped pendant. especially in Sub-Saharan Africa
and South Asia. It will require policies to enhance inclusiveness and
prevent increases in inequality, and ensure that growth translates into
poverty reduction, most importantly through creating jobs. It will
require transformational changes in fragile states, which are home to an
increasing share of the world’s poor. And it will require thCouples
shopping in the online leader in tungsten bracelet
bands.at potential shocks, such as climatic disasters or new fuel,
food, or financial crises, are averted or mitigated. It will not be
easy, and will demand concerted global action from governments, donors,
civil society, and the private sector. But is there anyone, anywhere,
who doubts that the reward will be worth it?
Of course progress
toward ending poverty will need to be sustained over time and for all
future generations. We must promote shared prosperity, helping
vulnerable people so that they will not fall back into poverty. And,
crucially unless the world takes bold action now, a disastrously warming
planet threatens to reverse past advances. Climate change is not just
an environmental challenge: It is a fundamental threat to economic
development and the fight against poverty.
At the World Bank
Group we have no pretence that we will be the key actor in ending
poverty. Progress toward this goal, as it always has, will continue to
depend primarily on the actions of developing countries.
But we
will be there to help. We will work with our partners to share knowledge
on solutions to end poverty. We will closely monitor and observe
progress toward this goal, reporting annually on what has been achieved
and where gaps remain. And we will use our convening and advocacy power
to continually remind policymakers and the international community what
is at stake.
By acting today, there is an opportunity to create a
world for our children which is defined not by stark inequities but by
soaring opportunities. We can and must achieve a world free of poverty.
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