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Rethinking policy for a new era of poverty

Time (GMT +00) 12:45 13:45
Image credit:Projections on Sustainable Development Goals and 70th Anniversary of the United Nations. UN Photo/Cia Pak Image license:Flickr/CC BY-NC-ND 2.0
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Running order:

0:00 Welcome and introductory remarks by Sara Pantuliano

06:15 Gargee Ghosh: Global efforts to eliminate extreme poverty: progress made, change needed

10:31 Martín Burt: Rethinking poverty in the digital age

15:28 Winnie Byanyima: Capturing dignity and suffering in measurements of poverty

23:30 Vilas Dhar: How is the digital economy shaping inequality and poverty?

27:17 Martín Burt: Empowering self-measurement of poverty and its solutions

31:00 Helen Clark: Broadening the definition of poverty

34:20: Winnie Byanyima: The need for global public goods

37:19: Vilas Dhar: A successful anti-poverty policy for the digital age

39:33 Gargee Ghosh: Global cooperation systems: agenda setting for the modern age

44:12 Helen Clark: What’s at risk if governments fail to act on poverty and inequality?

47:57 Audience Q&A: How can marginalised communities in the Global North influence the agenda?

50:34 Audience Q&A: Do we have the disaggregated data to really capture poverty?

52:01 Audience Q&A: How do we recognise our own power, and act on these issues?

52:54 Martín Burt: ‘Promoting no-poverty-capitalism'

55:30 Vilas Dhar: ‘Poverty is a political choice’

56:34 Gargee Ghosh: ‘Improving the S in ESG’

58:27 Helen Clark: ‘Disaggregate data to recognise intersections of inequality’

59:00 Closing remarks from Sara Pantuliano: ‘I hope we all leave with an exultation to act’

This event is part of the 2023 World Economic Forum Annual Meeting Affiliate Programme.

The concomitant crises we face today urgently require us to rethink the way we define, identify and fight poverty.

The consistent reduction in global poverty levels over the past two decades has moved into reverse as poverty rises in, and across, both rich and poor geographies. 

When we look at the people and geographies least damaged by recent shocks, whether by pandemics, supply chain disruptions or disasters, it is those with different types of tangible and intangible assets who are more resistant. These assets include financial wealth, education, networks, digital literacy, access to technology, and the ability to voice political and investment preferences. If it is the access – or lack thereof – to these assets that shapes poverty today, then an income- and compensation-based approach to long-term anti-poverty measures will be inadequate.

Join us as at the World Economic Forum Annual Meeting 2023 as we convene thinkers and leaders across a spectrum of sectors and geographies to explore the multi-dimensional aspects of poverty in the 21st century. We explore questions such as: how is the digital economy redefining wealth, poverty, and inequality in the 21st century? How can we advocate for a fairer distribution of gains? What is at risk if governments fail to act on the deepening levels of inequality and poverty we see today?

This high-profile panel takes stock of the latest data to build a picture of what poverty means today, and explore the implications for public policy and private sector strategy. We explore pathways to designing long-term approaches fit for purpose to address the contemporary poverty challenge, which confronts rich and poor people and geographies.

The event is moderated by Sara Pantuliano, Chief Executive, ODI, live from the World Economic Forum Annual Meeting 2023.