Economic growth measures the increase in goods and services produced in a country over time. It’s seen as a panacea for all social ills, including most importantly, poverty.
But does growth really benefit the poor?
Move the slider to guess how much of each $100 of global economic growth has ended up benefiting the poor. Then click Guess
Between 1990 and 2001, for every $100 worth of growth in the global income per person, just $0.60 contributed to reducing poverty. More recently, in the first three years of economic recovery since the 2008 financial crash, 95% of the proceeds of growth in the USA went to the top 1%.