The geography of poverty has changed over the last two decades. More than 70% of the world's poor now live not in low-income but in middle-income countries. Indeed, there are more poor people living in South Asia than in Sub-Saharan Africa. This raises two big questions:

• First, has the pace of poverty reduction kept up with the pace of income growth?

• Second, has the pace of human development and gender parities kept up with the pace of income growth?.....Read More