Eradicating Poverty by the Year 2030: Implications for Income Inequality, Population Policies, Food Prices (and Faster Growth?)

Giovanni Andrea Cornia 1
  • 1 University of Florence, Firenze, Italy
Giovanni Andrea Cornia

Abstract

The paper examines whether the planned eradication of poverty to the year 2030 part of the Sustainable Development Goals strategy is compatible with the trends expected over the next 15 years in key economic variables such as GDP growth, population growth, income inequality and food prices. To do so, the paper develops a comparative-static, poverty-accounting model that allows to simulate to 2030 the impact on SDG1 (poverty eradication) of favorable future improvements equal to best results recorded for such variables during the last 30 years. Numerous model simulations show that – even under the most favorable assumptions – between 14 and 16 countries (mainly from Africa) out of the 78 analyzed will not reach the SDG1 target. Policy suggestions on how to improve on such results are presented at the end of the paper.

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The Journal of Globalization and Development (JGD) publishes academic research and policy analysis on globalization, development and the complex interactions between them. It is dedicated to stimulating a dialogue between theoretical advances and rigorous empirical studies to push forward the frontiers of development analysis and seeks to combine academic insights with the in-depth knowledge of practitioners to address important policy issues.

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