Responding to New Threats to Poverty Eradication in Asia

With consistent, robust economic growth, countries across Asia have made monumental strides in eradicating extreme poverty over the past 30 years. In Bangladesh, for example, the population living in extreme poverty dropped from 43% in 1991 to 10.5% in 2019. Similarly in Cambodia, poverty incidence fell from 53% in 2004 to below 10% by 2016.