Media Coverage Aug 2018
Chinese miracle: lessons in poverty eradication
Global poverty has been falling for decades: in the 1960s, around 50 percent of the world population was living in extreme poverty (defined as living on less than $1.90 per day); today, that number is around 10 percent. China has been at the forefront of this achievement and is responsible for over 70 percent of the fall in poverty levels worldwide over the past forty years. In this article, Professor Ian Goldin discusses how China has achieved such economic success.