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A measured approach to ending poverty and boosting shared prosperity

: Concepts, data, and the twin goals
  • A measured approach to ending poverty and boosting shared prosperity
  • The World Bank
  • [Washington D.C] : The World Bank
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Title A measured approach to ending poverty and boosting shared prosperity
Subtitle Concepts, data, and the twin goals
Author The World Bank
Publisher [Washington D.C] : The World Bank
Publication Date 2015 - 01
Material Type Report
Country Asia & Pacific Holding The World Bank
Language English License
Series Title Policy Research Report

Abstract

Data and measurement are vital to achieving the World Bank Group’s twin goals of ending poverty by 2030 and promoting shared prosperity, but investments in data quality and national statistical systems are needed to better inform national policy and to help international partners identify gaps and prioritize actions, according to a new World Bank report. The recently launched Policy Research Report 2014: A Measured Approach to Ending Poverty and Boosting Shared Prosperity: Concepts, Data, and the Twin Goals makes an urgent call for better and more timely collection of comparable household survey data, which provide information on people’s consumption or income. The report argues that data and measurement are pivotal to the assessment of the Bank Group’s twin goals, and, thereby, their achievement. The report also highlights the importance of complementary data including population census data, national income accounts data for growth rates, consumer price indices to account for inflation, and purchasing power parity indices, which are used to make cross-country comparisons. However, the report’s authors stress that the data needs of national statistical agencies should not take a back seat to the data demands of international organizations. The need for greater support to national statistical agencies is particularly stark in Sub-Saharan Africa, where the gap between household surveys averages around 5 years.

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