Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
World Bank alumnus says global extreme poverty fell but COVID and conflict reversed gains
Summary
Dr. Augusto Lopez Claros reviewed long-run global gains—life expectancy increases and large reductions in extreme poverty by the World Bank $2.15/day threshold—then warned COVID and the Russia–Ukraine war reversed some progress and described tax, safety-net, and legal reforms used by lower-inequality countries.
Dr. Augusto Lopez Claros, executive director of the Global Governance Forum, told the Iowa City Foreign Relations Council that sustained global growth over recent decades produced major improvements in life expectancy and reduced extreme poverty, but recent shocks have reversed some of that progress.
“Average life expectancy has increased from 52 in 1960 to 72 in 2020,” he said while reviewing World Bank–compiled statistics. He described the World Bank extreme-poverty threshold ($2.15 per day) and said the number of people living at or below…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
