The World Bank has updated the methods it uses to measure incomes and poverty around the world. What does this mean for our understanding of global poverty?| Our World in Data
In a nutshell GiveDirectly’s Cash for Poverty Relief program involves sending one-off unconditional cash transfers of ~$1,000USD (nominal) via mobile money platforms to households living in poor regions of low-income countries in sub-Saharan Africa. We estimate that this program is ~3-4x more cost-effective than we had previously estimated, and around ~30-40% as cost-effective as our marginal funding opportunity.| GiveWell
In order to make progress against poverty in the future, we need to understand poverty around the world today and how it has changed.| Our World in Data
