A year ago the World Bank adopted two new goals: The ending of poverty by 2030 (understood as less than 3% of the world population living in extreme poverty) and the boosting of shared prosperity in all countries (understood as growth that benefits the bottom 40% of the population). These two goals will not only shape the World Bank’s and other development co-operation agencies operational work in coming years but also challenge the OECD to think about how to measure shared prosperity since boosting growth in the average income of the bottom 40% in each country is as pertinent to rich countries as it is to poor.

The World Bank report "A Measured Approach to Ending Poverty and Boosting Shared Prosperity" provides an account of what is needed to measure global poverty and shared prosperity. It recommends policies that target both goals in unison (as for example inclusive growth policies, pro-poor policies, distributional policies) and makes a strong case for more support to stronger statistical capacity development at the country level to be able to collect and analyse relevant data (household survey data and complementary data such as PPP).

Panelists at the DAC Development debate will discuss ways to strengthen national statistical system in developing countries among others. PARIS21 Deputy Secretariat Manager El Iza Mohamedou will participate in this debate as a discussant following the presentation of the two lead-researchers of the report. The debate will be chaired and moderated by Jon Lomoy, Director of the OECD Development Co-operation Directorate (DCD).