The global economic landscape has changed, and with it, the understanding of what development and poverty are all about. Economic growth in developing and emerging countries has improved lives of many poor people and led to the emergence of a middle class. Yet, many people who have escaped absolute poverty would still be counted as poor when based on different – relative and country specific – thresholds of poverty.  At the same time, income inequalities have been rising in many parts of the world, thus reducing the “pay-off” of economic growth in lowering absolute poverty.The emerging middle class is increasingly comparing itself to the living standards in the more affluent part of the world.  Many remain vulnerable, however, to a range of economic factors, such as unemployment, sickness and old age, that could move them back to destitution. There also are still large numbers of people in poverty in middle-income countries.  In light of the new economic world we live in, the 2013 Global Forum on Development (GFD) is designed to promote a better understanding of what the shifting dynamics of poverty mean for the poverty reduction policies to be pursued by governments, international organisations and others in the post-2015 world.




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