UN 
In the ongoing global discourse on poverty reduction strategies, Charles Kenny of the Center for Global Development has emphasized the indispensable role of economic growth in lifting populations out of extreme poverty. Responding to a recent article by Olivier de Schutter, the UN special rapporteur on extreme poverty and human rights, Kenny contends that while reducing inequality is vital, prioritizing economic expansion is equally necessary to ensure a decent standard of living worldwide.
Kenny acknowledges the limitations of the current international poverty line set by the World Bank at $2.15 per day, describing it as inadequate for guaranteeing a high quality of life. He notes that whether the poverty threshold is set at $2.15, $6.85, or even $10 per day, substantial economic growth is required to bring populations above these levels. Data from low- and lower-middle-income countries reveal that even at $6.85 per day, poverty rates remain above 16%, illustrating the challenge faced by many nations.
Highlighting historical trends, Kenny points out that significant reductions in extreme poverty to fractional percentages have predominantly occurred in wealthier countries, where sustained economic growth has been a key factor. This observation underscores his argument that economic development cannot be sidelined if global poverty eradication is to be achieved.
While Kenny concurs with de Schutter on the multifaceted nature of well-being beyond economic metrics, he advocates for a balanced approach that combines efforts to reduce inequality with robust economic growth policies. This dual focus, he suggests, is essential to meet global commitments under the Sustainable Development Goals, particularly SDG 1: No Poverty.
The debate reflects broader discussions among policymakers and development experts about the best pathways to achieve inclusive and sustainable economic progress. As nations navigate post-pandemic recovery and mounting economic challenges, integrating growth with equity remains a critical priority for international development agendas.
