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Poverty Matters
Other than in China, where the reduction in poverty has been spectacular, progress in poverty reduction in the world during the past three decades has been modest. This slow progress and the decline in infl uence of the Washington Consensus has prompted new thinking on poverty and its reduction.
I am indebted to Anis Chowdhury and Amson Sibanda, my erstwhile colleagues at the United Nations Department of Economic and Social Affairs, for assistance in fi nalising this article. Nevertheless, neither of them should be implicated for any remaining mistakes or controversies.
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