The global poverty rate fell from 36 % in 1990 to 10 % in 2015 – by a billion people. At the same time, inequality rose across the world, particularly in China and India, which have driven the decline in global poverty. Social protection is playing an increasingly important role in reducing poverty thanks to higher coverage, better programmes and greater financing. Its potential as a mechanism to reduce inequality is under-utilised, even though it is widely accepted as a key component of inclusive growth strategies. Participants will explore whether to expand the focus of social protection to include inequality and achieve Sustainable Development Goal 10 – reducing inequality within and among countries.
Universal social protection: From poverty to inequality
How social protection in developing countries is evolving as a driver of inclusive growth, not just a safety net for those left behind
Tuesday, June 18, 2019
17:00 to 18:15