Policy highlights:

  • Reducing global poverty at the lower poverty lines is increasingly a matter of national inequality and political economy rather than resource scarcity.
  • This research found that three quarters of global poverty at the lower poverty lines could be eliminated via redistribution of already available national resources. Such national redistribution would offer solace to the extreme poor faster than waiting for economic growth to reach them.
  • Policymakers could achieve such poverty-reducing redistribution through: 1) higher taxes on wealthy citizens and 2) the reallocation of public expenditure currently allocated to regressive fossil fuel subsidies and surplus military spending.
Connected themes
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