Eradicating Extreme Poverty

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Poverty trends by region- $1.25 a day poverty. From a quick calculation I got an estimate of 866 million $1.25 poor in 2025..so i would say around 850 to approximate (the assumption is the same annual population growth witnessed between 2000-2011 carrying on up to 2025..)

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27.84 percent of the total population of York lived below the poverty line in 1899. Rowntree describes this group as consistently having "insufficient financial resources to obtain the minimum necessities for the maintenance of mere physical existence“.  In Rowntree's work, he surveyed rich families in York and drew a poverty line in terms of a minimum weekly sum of money "necessary to enable families... to secure the necessaries of a healthy life" (quoted in Coates and Silburn, 1970). The money needed for this subsistence level of existence covered fuel and light, rent, food, clothing, and household and personal items, adjusted according to family size. This figure had dropped to 18 per cent in 1936 and 1.5 per cent in 1950.  Tout 1938 estimated 10.7% working class families in 1938 in Bristol were below the poverty line.

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Judith asked me to use those 3 regions only but if we actually consider latin America and North Africa, since their poverty reduction rates in 2015-25 are very small (even if the % of poverty is small), poverty would be eradicated after 2080 in those regions if we follow the same reduction rates..i suggest the title is that poverty will be eradicated in sub Saharan Africa by 2080...then one can make the point that in the other regions will be eradicated before...

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% slide

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You in this case is UK citizens. Based on GDP per capita comparisons.

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Sweden 1.94% Saudi Arabia 1.83% UK 1.2% France 0.89% Germany 0.83% Canada 0.75% UAE 0.57% Japan 0.51% USA 0.50% Turkey 0.37% Italy 0.29%

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DAC Countries: Members of the OECD Development Assistance Committee.    ODA (USD millions)   133,526 GNI (usd MILLIONS)            42,906,167

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Eradicating extreme poverty Judith Randel: Executive Director of Development Initiatives TedXBristol: September 15th, 2012

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Extreme $1.25 a day poverty is falling: from 40% in 1981, to 25% in 2008 2015 & 2025: World Bank projections

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Source: Rowntree studies in York, UK: 1899/1936/1950 27.5% 18% 1.5% A percentage of UK population was living in absolute poverty as recently as 1950

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If nothing changes, it will be 2080 before extreme poverty is eradicated

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Brazil: committed to eradicate absolute poverty by 2015

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How long does it take a UK citizen to earn the annual income in... DRC: 2 days Bihar, India: 5 days India: 13.5 days Burundi: 1.8 days

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DRC: £0.28 Burundi £0.31 Daily income around the world

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Buruni : £0.31 Somalia: £0.12 Aid as % of public expenditure (2010) 0.31% 2.42% 1.94 % 1.83% 1.2% 0.89% 0.83% 0.75% 0.57% 0.51% 0.50% 0.37% 0.29%

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Buruni : £0.31 Somalia: £0.12 % of GNI spent on aid in 2011 by DAC aid donor countries 0.31%

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About Development Initiatives Our vision is the end of absolute poverty by 2025. Our mission is to empower and enable people to make evidence-based and data-informed decisions that deliver more effective use of resources for poverty eradication. info@devinit.org

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Please contact us at Development Initiatives For help with data on aid, development finance and poverty judith@devinit.org ©Ton Koene

Summary: Judith Randel of Development Initiatives spoke at TedxBristol on the topic of eradicating poverty. Bristol, September 2012.

Tags: poverty development aid tedx

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