The Poverty Trap

Wicked problem or easy solution?

Living on less than $2 a day feels like an impossibility but it happens to be a reality for around 558 million people in our world today. It means approximately 7.7 per cent of the global population is living in extreme poverty - commonly understood as surviving on just $1.90 a day or less. Most of those are in the global south.

Twenty years ago that fig…