The economies that are home to the poorest billions of people need to grow if we want global poverty to decline

Economic growth in today’s rich countries over the last two hundred years is the reason that people in those countries are much less poor than people in the same places in the past or people in poor countries today.

The chart on the top compares estimates of the income distribution in Madagascar (in green) and the UK (in blue) in 2018. The income differences between people in these two countries are extremely large. The current average income in Madagascar today is $1.60 per day (source)….