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Social Protection: Top Priority to End Chronic Poverty Image

Promoting Inclusive Markets and Financial Systems

Social Protection: Top Priority to End Chronic Poverty

Social Protection: Top Priority to End Chronic Poverty

Summary

Chronic poverty is a key policy challenge for the 21st century. Even if the Millennium Development Goals are achieved, an estimated 800 million people will still be living in absolute poverty and deprivation, many of whom are chronically poor. Despite national and international efforts to tackle poverty, it is clear that many people are not being reached by current policies. Nonetheless, chronic poverty can be eradicated. Many people now enjoy a standard of living that their parents would have found unimaginable. Technology, finance and trade have created unprecedented opportunities to eradicate poverty.



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