A World Bank report of 2022 says China put a premium on human development, income and social security; prepared a rural base and managed urbanisation, infrastructure and competition
The Covid pandemic increased the global extreme poverty rate to an estimated 9.3% in 2020—up from 8.4% in 2019, says a World Bank study.
Rapid urbanisation and the concentration of large cities in coastal areas are making people more vulnerable to climate change, says a report by the UN Office for Disaster Risk Reduction.
The rate of poverty reduction was significantly lower than observed over the 2004-2011 period, says the World Bank's research paper.
