Shortfall of Domestic Resources to Eradicate Extreme Poverty by 2030.
In 2015, the Sustainable Development Goals set the eradication of extreme poverty by 2030 as a universally agreed objective. This paper analyses the prospects for achieving this goal country by country. Without a reduction in inequality, even with a very optimistic annual growth rate of 7% between 2...
| Published in: | Journal of Development Studies Vol. 61; no. 12; pp. 2063 - 2078 |
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| Format: | Article |
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Taylor & Francis Ltd
Dec2025
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| Online Access: | View this record in EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=189213682&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 189213682 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00220388 JDS jtl: Journal of Development Studies issn: 00220388 maglogo: N pubinfo: dt: Dec2025 vid: 61 iid: 12 pid: 377 pub: Taylor & Francis Ltd artinfo: ui: 189213682 10.1080/00220388.2025.2493807 ppf: 2063 ppct: 15 formats: fmt: – @attributes: type: T db: hlh ui: 189213682 – @attributes: type: P db: hlh ui: 189213682 tig: atl: Shortfall of Domestic Resources to Eradicate Extreme Poverty by 2030. aug: au: Fabre, Adrien affil: Centre international de recherche sur l'environnement et le développement (CIRED), Nogent-sur-Marne, France, Centre National de la Recherche Scientifique (CNRS), Paris, France su: Sustainable Development Goals (United Nations) Poverty Sustainable development Economic expansion Income redistribution Information asymmetry Poverty reduction Wealth tax sug: subj: Poverty Sustainable development Economic expansion Income redistribution Information asymmetry Administration of General Economic Programs Poverty reduction Wealth tax Sustainable Development Goals (United Nations) keyword: domestic resource mobilization extreme poverty fiscal capacity poverty gap redistribution sustainable development goals domestic resource mobilization extreme poverty fiscal capacity poverty gap redistribution sustainable development goals ab: In 2015, the Sustainable Development Goals set the eradication of extreme poverty by 2030 as a universally agreed objective. This paper analyses the prospects for achieving this goal country by country. Without a reduction in inequality, even with a very optimistic annual growth rate of 7% between 2022 and 2030, 3% of humans would still be living in extreme poverty in 2030. National capacity to eradicate poverty is then measured using the concepts of antipoverty cap or antipoverty tax required to finance poverty eradication, and income floor (financed by a given income tax). With credible annual growth of 3%, even capping incomes at $7 a day (to finance an increase in incomes for the poorest individuals) cannot eradicate extreme poverty in 5 low-income countries. In other words, neither growth alone nor growth combined with radical domestic redistribution could eradicate extreme poverty by 2030. By contrast, a transfer of just 0.15% of global income could achieve this goal. This could be financed by a 2% tax on individual net wealth above $1 billion. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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