The global economic slowdown: Implications for the rural poor
Many developing countries seem likely to see a substantial downturn in economic growth over the 2015–2030 implementation period of the SDGs, compared with the recent years of strong growth. Since the 2015 WEO, the macroeconomic outlook has deteriorated further, with projected global growth for 2017...
| Main Authors: | , |
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| Format: | Brief |
| Language: | Inglés |
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International Food Policy Research Institute
2016
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| Online Access: | https://hdl.handle.net/10568/148436 |
| _version_ | 1855513641188589568 |
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| author | Laborde Debucquet, David Martin, Will |
| author_browse | Laborde Debucquet, David Martin, Will |
| author_facet | Laborde Debucquet, David Martin, Will |
| author_sort | Laborde Debucquet, David |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Many developing countries seem likely to see a substantial downturn in economic growth over the 2015–2030 implementation period of the SDGs, compared with the recent years of strong growth. Since the 2015 WEO, the macroeconomic outlook has deteriorated further, with projected global growth for 2017 falling from 3.8 to 3.5 percent. However, a key result of this study is that projected declines in global poverty rates are not greatly affected by the anticipated slowdown in economic growth. Under the updated projections for 2030, the extreme poverty rate will be 5.2 percent compared to 4.8 percent. For most groups of countries and subgroups of populations, projected 2030 poverty rates will be within one percentage point of the levels projected under the optimistic outlook on global growth. However, there is some variation across countries, and even countries not directly affected by the recent global slowdown are likely to see long-term impacts. And despite this optimistic finding, we should be concerned that the movement in poverty rates is away from the SDG goal of complete elimination of poverty. |
| format | Brief |
| id | CGSpace148436 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2016 |
| publishDateRange | 2016 |
| publishDateSort | 2016 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1484362025-11-06T04:20:01Z The global economic slowdown: Implications for the rural poor Laborde Debucquet, David Martin, Will income models economic growth sustainable development goals macroeconomics wages productivity developing countries poverty Many developing countries seem likely to see a substantial downturn in economic growth over the 2015–2030 implementation period of the SDGs, compared with the recent years of strong growth. Since the 2015 WEO, the macroeconomic outlook has deteriorated further, with projected global growth for 2017 falling from 3.8 to 3.5 percent. However, a key result of this study is that projected declines in global poverty rates are not greatly affected by the anticipated slowdown in economic growth. Under the updated projections for 2030, the extreme poverty rate will be 5.2 percent compared to 4.8 percent. For most groups of countries and subgroups of populations, projected 2030 poverty rates will be within one percentage point of the levels projected under the optimistic outlook on global growth. However, there is some variation across countries, and even countries not directly affected by the recent global slowdown are likely to see long-term impacts. And despite this optimistic finding, we should be concerned that the movement in poverty rates is away from the SDG goal of complete elimination of poverty. 2016-08-30 2024-06-21T09:24:41Z 2024-06-21T09:24:41Z Brief https://hdl.handle.net/10568/148436 en https://hdl.handle.net/10568/147814 Open Access application/pdf International Food Policy Research Institute Laborde Debucquet, David; and Martin, Will. 2016. The global economic slowdown: Implications for the rural poor. IFPRI Issue Brief. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/148436 |
| spellingShingle | income models economic growth sustainable development goals macroeconomics wages productivity developing countries poverty Laborde Debucquet, David Martin, Will The global economic slowdown: Implications for the rural poor |
| title | The global economic slowdown: Implications for the rural poor |
| title_full | The global economic slowdown: Implications for the rural poor |
| title_fullStr | The global economic slowdown: Implications for the rural poor |
| title_full_unstemmed | The global economic slowdown: Implications for the rural poor |
| title_short | The global economic slowdown: Implications for the rural poor |
| title_sort | global economic slowdown implications for the rural poor |
| topic | income models economic growth sustainable development goals macroeconomics wages productivity developing countries poverty |
| url | https://hdl.handle.net/10568/148436 |
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