Over the past 20 years, the proportion of the world's population living in extreme poverty has decreased by 50%. The lecture discusses economic development and poverty reduction trends over time. It notes that while world wars and pandemics caused many deaths in the early 20th century, the global population has still grown significantly to over 7 billion people today, with the proportion in extreme poverty remaining at around 2.7%. Certain countries like the Philippines have doubled in population size.

2. Lecture 6
Economic Development

3. Good News is
gradual,
Bad News is
sudden

4. 1%
Over the past 20 years, has the
proportion of the world population that
lives in extreme poverty?
1) Increased by 50 per cent?
2) Increased by 25 per cent?
3) Stayed the same?
4) Decreased by 25 per cent?
5) Decreased by 50 per cent?

5. World War I
1914 - 1918
16 million deaths
In 1918 the Spanish Flu
50 million deaths
1.86 billion
2.7 percent

6. Today
7.5 billion
2.7%
202 million
Germany and Japan
Philippines x 2

7. 80/20 Rule
Per Person
Compared to?

8. Young Swedes who
want to do good in
the world but don’t
really know the
world.

9. Geneve
Judemench
7
8

10. Geneve

11. Judemench