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  • Jan 12, 2025 | manilatimes.net | Kweilin Ellingrud |Tilman Tacke |Marco Paccitto

    MINNEAPOLIS/MILAN/MUNICH — In 1990, more than one-third of the global population lived below the World Bank's extreme poverty line ($2.15 a day). Since then, the share has fallen below 10 percent — a remarkable and inspiring achievement. But barely scraping by falls far short of what impoverished people aspire to.

  • Jan 12, 2025 | almendron.com | Kweilin Ellingrud |Marco Piccitto |Tilman Tacke

    En 1990, más de un tercio de la población mundial vivía debajo de la línea de pobreza extrema del Banco Mundial (2,15 dólares al día). Desde entonces, la proporción ha caído a menos del 10%, un logro notable y alentador. Pero las personas que padecen pobreza aspiran a mucho más que la mera subsistencia.

  • Jan 8, 2025 | mckinsey.com | Kweilin Ellingrud |Marco Piccitto |Tilman Tacke |Kevin Russell

    The cost-to-impact ratio compares the total costs of an initiative with the resulting empowerment benefits. Total cost borne by the company. For financial companies making loans, the cost is determined by the discount on the loan rate compared with a typical lending rate. For companies that are funding initiatives through capital or operational expenditures without expecting repayment, the full funding amount represents the cost. Total empowerment benefit accrued by beneficiaries.

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