Economic growth is not a magic wand for ending poverty | Olivier De Schutter

Misguided policies are hurting the poorest in society, writes the UN's independent expert; our focus should be on reducing inequality not increasing GDP

A new report from the Center for Global Development claims extreme poverty may be eradicated by 2050 thanks to economic growth in low-income countries. However, a cause for celebration, this is not.

Before we start putting our feet up, it's worth remembering that extreme poverty is measured according to the World Bank's international poverty line, which is set at $2.15 (1.80) a day per person using 2017 prices.