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The graph on Slide 126 of Part 3.1.1 (income dimensions) shows that if the linear trend since 1980 continues, Sustainable Development Goal 1 will be achieved by 2025. What is SDG1, and why might this linear projection be unrealistic?

The graph on Slide 126 of Part 3.1.1 (income dimensions) shows that if the linear trend since 1980 continues, Sustainable Development Goal 1 will be achieved by 2025. What is SDG1, and why might this linear projection be unrealistic?

Economics:
Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter33: Income, Income Distribution, And Poverty
Section: Chapter Questions
Problem 5E
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The graph on Slide 126 of Part 3.1.1 (income dimensions) shows that if the linear trend since 1980 continues, Sustainable Development Goal 1 will be achieved by 2025. What is SDG1, and why might this linear projection be unrealistic? Poverty rate (%) A linear projection suggests World less HICS that SDG1 will be achieved World 2015 9.98 11.59 2013 11.2 13.05 2012 12.79 14.95 2011 13.72 2010 15.73 60 16.05 18.45 2008 18.16 21.36 Rate of decline of about 2005 20.71 24.42 50 2002 25.49 30.16 1% point per year 1999 28.62 33.98 1996 29.44 35.09 40 1993 33.99 40.69 43.17 42.76 1990 35.88 1987 35.33 30 1984 39.23 47.8 1981 42.12 51.7 Source: PovcalNet (World Bank) • World 10 • World less high-income countries Reaches zero in 2025 => 1980 1984 1988 1992 1996 2000 2004 2008 2012 2016 Poverty rate ($1.90 per day) 20
Transcribed Image Text:The graph on Slide 126 of Part 3.1.1 (income dimensions) shows that if the linear trend since 1980 continues, Sustainable Development Goal 1 will be achieved by 2025. What is SDG1, and why might this linear projection be unrealistic? Poverty rate (%) A linear projection suggests World less HICS that SDG1 will be achieved World 2015 9.98 11.59 2013 11.2 13.05 2012 12.79 14.95 2011 13.72 2010 15.73 60 16.05 18.45 2008 18.16 21.36 Rate of decline of about 2005 20.71 24.42 50 2002 25.49 30.16 1% point per year 1999 28.62 33.98 1996 29.44 35.09 40 1993 33.99 40.69 43.17 42.76 1990 35.88 1987 35.33 30 1984 39.23 47.8 1981 42.12 51.7 Source: PovcalNet (World Bank) • World 10 • World less high-income countries Reaches zero in 2025 => 1980 1984 1988 1992 1996 2000 2004 2008 2012 2016 Poverty rate ($1.90 per day) 20
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