This note builds on previous collaboration between the World Bank Group and UNICEF to estimate the global extent of
child poverty. We estimate that in 2017, 17.5 percent of children in the world (or 356 million) younger than 18 years lived on less than $1.90 PPP per day, as opposed to 7.9 percent of adults ages 18 and above. The poverty rate of children at the $3.20 and $5.50 lines were 41.5 and 66.7 percent, respectively. The number of children living in extreme poverty declined by approximately 29 million between 2013 and 2017. In 2017, Sub-Saharan Africa accounted for two thirds of extremely poor children, and South Asia another 18 percent. These estimates are based on the Global Monitoring Database (GMD) of household surveys compiled in Spring 2020 and consists of surveys from 149 countries that are also official World Bank poverty estimates. Because the estimates pertain to 2017, they do not consider the adverse economic impact of the COVID-19 pandemic.

Read the Policy Brief

Global Policy Watch and Social Watch published a policy brief on the importance of social protection for reducing inequality within and between countries

Read the document

Who is winning the war? Who wins the fight against inflation?

Read the interesting article from Ann Pettifor

Want to know how much more CEO’s have earned in that difficult year of 2020? 2021?

Want to know how important collective bargaining can be and what its influence will be on pay?

Do you have any idea on what it means when a CEO earns 741 times as much as his workers (Amazon!)

Just read the AFLCIO’s Paywatch:

8 Facts from the 2021 Executive Paywatch Report You Need to Know | AFL-CIO (aflcio.org)

Ukraine’s Parliament has passed two bills that obliterate workers’ rights to collective bargaining and other fundamental labour protections, and allow employers to put up to 10% of their workforce on “zero hour” contracts leaving them without any control over their working lives.

Read ITUC’s article

Over the last two years of the pandemic, several coalitions have pressed for modest reforms to the laws governing charitable giving. These have included the Emergency Charity Stimulus to require temporary increases in grant payout rates and the Accelerating Charitable Efforts Act (ACE Act) to increase grant flow and reforms to donor-advised funds (DAFs). A new Ipsos poll shows broad public support for reforms such as these.

By very large margins, Americans do not want the U.S. tax code subsidizing wealthy donors to create perpetual private foundations and warehouse wealth in DAFs. And a broad, bipartisan majority wants donors who are receiving preferable tax treatment for their charitable contributions to move funds quickly to active charities on the ground.

Read the article by Chuck Collins

The grim statistics on workers’ rights will only be righted if global standards are properly enforced.

Read the very important article by Sharan Burrow

Because the changes to achieve sustainable wellbeing for all are so big, they require determined social movements.

Interesting article from Jayathi Ghosh