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100-714: According to the Pennsylvania Budget and Policy Center, 40.6% of the district's pupils lived at 185% or below the Federal Poverty Level [1] as shown by their eligibility for the federal free or reduced price school meal programs in 2012. In 2013 the Pennsylvania Department of Education, reported that less than 10 students in the Southern Tioga School District were homeless. In 2009, Southern Tioga School District residents' per capita income

200-539: A Country Assistance Strategy is produced in cooperation with the local government and any interested stakeholders and may rely on analytical work performed by the bank or other parties. The World Bank's negative pledge clause prohibits its debtor countries from using public assets to repay other creditors before they repay the World Bank. The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries . It

300-651: A Full-income Poverty Rate based on President Johnson's standards fell from 19.5 percent to 2.3 percent over the 1963–2017 period. The highest poverty rates in the United States are in the U.S. territories ( American Samoa , Guam , the Northern Mariana Islands , Puerto Rico and the U.S. Virgin Islands ). American Samoa has the lowest per capita income in the United States — it has a per capita income comparable to that of Botswana . In 2010, American Samoa had

400-404: A World Bank loan was France in 1947. The bank's president at the time, John McCloy , chose France over two other applicants, Poland and Chile. The loan was for US$ 250 million, half the amount requested, and came with strict conditions. France had to agree to produce a balanced budget and give priority of debt repayment to the World Bank over other governments. World Bank staff closely monitored

500-547: A borrower country to repay the loan. In 1960, the International Development Association was formed (as opposed to a UN fund named SUNFED), providing soft loans to developing countries . Before 1974, the reconstruction and development loans the World Bank made were relatively small. Its staff was aware of the need to instill confidence in the bank. Fiscal conservatism ruled, and loan applications had to meet strict criteria. The first country to receive

600-414: A family of four—and then update this threshold every year and according to geographic location. This alternative measure of poverty would also change the income calculation for a family, including certain non-cash benefits that satisfied "basic needs" such as food stamps and public housing while excluding "non-basic needs" such as medical costs and child care. The work of the panel led to the development of

700-445: A more accurate picture of the true extent of poverty in the United States by taking account of non-cash benefits and geographic variations. According to this new measure, 16% of Americans lived in poverty in 2011, compared with the official figure of 15.2%. With the new measure, one study estimated that nearly half of all Americans lived within 200% of the federal poverty line. According to American economist Sandy Darity, Jr. , "There

800-595: A new president was appointed: Ajay Banga . His term began on 2 June 2023. He was supported by the American president Joe Biden partly because he supports climate action . He is also expected to help low-income countries deal with debts. He is the first Indian American to lead the bank. The vice presidents of the bank are its principal managers, in charge of regions, sectors, networks and functions. There are two executive vice presidents, three senior vice presidents, and 24 vice presidents. The boards of directors consist of

900-573: A per capita income of $ 6,311. The county or county-equivalent with the lowest per capita income in the United States is the Manu'a District in American Samoa (per capita income of $ 5,441). In 2018, Puerto Rico had the lowest median household income of any state/territory in the United States ($ 20,166). Also in 2018, Comerío, Puerto Rico had a median household income of $ 12,812 — the lowest median household income of any county or county-equivalent in

1000-621: A result, reducing inequality, in this definition, had become an integral part of the World Bank’s objectives and effectively “broadened its mandate”. The World Bank has been criticized for not embracing the reduction of inequality (be it economic inequality within a country, or international inequality between countries) as a goal. Instead, the bank has taken an instrumental approach to the issue, in which inequality policies were seen as useful as long as they contributed to reducing (extreme) poverty or promoting average economic growth. As part of

1100-455: A socially decent minimum, even though its intention was to measure such a minimum. The issue of understating poverty is especially pressing in states with both a high cost of living and a high poverty rate such as California where the median home price in 2006 was $ 564,430. In the Monterey area , where the low-pay industry of agriculture is the largest sector in the economy and the majority of

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1200-420: A tacit understanding between the United States and Europe, the president of the World Bank has been selected from candidates nominated by the United States, the largest shareholder in the bank. This is significant because the World Bank tends to lend more readily to countries that are friendly with the United States, not because of direct U.S. influence but because of the employees of the World Bank. In 2012, for

1300-519: A three times duplicated interscholastic athletics program. The district funds athletics at each of its high schools. Liberty High School: 41°40′53″N 77°03′53″W  /  41.68139°N 77.06465°W  / 41.68139; -77.06465 Federal Poverty Level In the United States , poverty has both social and political implications. In 2020, there were 37.9 million people in poverty. Some of

1400-462: A two-week investigation on the effects of systemic poverty in the United States, and sharply condemned "private wealth and public squalor," declaring the state of Alabama to have the "worst poverty in the developed world." Alston's report was issued in May 2018 and highlights that 40 million people live in poverty and over five million live "in ' Third World ' conditions." According to a 2020 assessment by

1500-491: Is a "near-unanimous consensus among poverty researchers that the official poverty measure (OPM) in the United States is a disaster" primarily because of its failure to include all anti-poverty government benefits as income when calculating whether or not an individual is poor. The OPM includes governmental anti-poverty cash aid like Supplemental Security Income and Welfare but does not include non-cash aid like Food stamps , housing assistance , and Medicaid (health care for

1600-536: Is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purposes of economic development . The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group . It

1700-555: Is based on economic size in addition to the International Development Association contributions. The following table shows the subscriptions of the top 20 member countries of the World Bank by voting power in the following World Bank institutions as of December 2014 or March 2015: the International Bank for Reconstruction and Development (IBRD), the International Finance Corporation (IFC),

1800-531: Is engaged in several global partnerships and initiatives, and takes a role in working toward addressing climate change . The World Bank hosts an Open Knowledge Repository for its publications. In 2020, the World Bank’s total commitments amounted to USD 77.1 billion, it had 12,300 full-time staff, and it operated in 145 countries. World Bank projects cover a range of areas from building schools to fighting disease, providing water and electricity, and environmental protection , and as such, they are linked to most of

1900-473: Is largely omitted from poverty statistics and national surveys, "which means there are millions more poor Americans than official statistics let on." Some critics assert that the official U.S. poverty definition is inconsistent with how it is defined by its own citizens and the rest of the world, because the U.S. government considers many citizens statistically impoverished despite their ability to sufficiently meet their basic needs. According to Vox , there

2000-734: Is listed in the Registry of Research Data Repositories re3data.org. The World Bank also endorses the Principles for Digital Development . Together with the World Health Organization , the World Bank administers the International Health Partnership (IHP+). IHP+ is a group of partners committed to improving the health of citizens in developing countries. Partners work together to put international principles for aid effectiveness and development cooperation into practice in

2100-465: Is no exact way of measuring poverty. The measures are contingent on how we conceive of and define poverty. Efforts to develop more refined measures have been dominated by researchers who intentionally want to provide estimates that reduce the magnitude of poverty." Matthew Desmond writes that the "overwhelming majority" of prisoners and former prisoners of the US prison system are extremely poor, and this group

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2200-459: Is primarily voluntary. Based on an agreement between the United Nations and the World Bank in 1981, Development Business became the official source for World Bank Procurement Notices, Contract Awards, and Project Approvals. In 1998, the agreement was renegotiated, and included in this agreement was a joint venture to create an online version of the publication. Today, Development Business

2300-588: Is the largest and best-known development bank in the world and an observer at the United Nations Development Group . The bank is headquartered in Washington, D.C. , in the United States . It provided around $ 98.83 billion in loans and assistance to "developing" and transition countries in the 2021 fiscal year. The bank's stated mission is to achieve the twin goals of ending extreme poverty and building shared prosperity. Total lending as of 2015 for

2400-480: Is the primary publication for all major multilateral development banks, U.N. agencies, and several national governments, many of which have made the publication of their tenders and contracts in Development Business a mandatory requirement. The World Bank collects and processes large amounts of data and generates them on the basis of economic models. These data and models have gradually been made available to

2500-426: The 2030 Agenda , Sustainable Development Goal 10 aims at reducing inequalities within countries and among countries. World Bank officials participated in the negotiations for SDG 10 in the years prior to 2015. They advocated for the adoption of the bank's own preferred benchmarks. This ensured that other organizations would evaluate their success based on the bank’s own definition of inequality. Some have argued that

2600-712: The CARES Act , dragged some eight million people into poverty. According to OECD, nearly 23 percent of American workers work in low-wage jobs, compared with 17 percent in Britain, 11 percent in Japan and 5 percent in Italy. In January 2021, according to the U.S. Census Bureau, 11.6 percent of the US population, or 37.9 million people, were living in poverty(using as an example a family of three earning less than $ 21,559). In his 2023 book Poverty, by America , sociologist Matthew Desmond writes that

2700-937: The Great Depression , to the national war on poverty in the 1960s and poverty alleviation efforts during the 2008 Great Recession . The federal government has two departments which measure poverty. Under the Department of Commerce , the Census Bureau has been reporting the Official Poverty Measure (OPM) since the 1960s, while the Department of Health and Human Services defines income levels for which people are eligible for governmental anti-poverty assistance. The OPM includes cash assistance from programs like Supplemental Security Income and Temporary Assistance to Needy Families (Welfare) as part of someone's income when reporting on how many people are in poverty. Since 2011

2800-620: The International Development Association (IDA), and the Multilateral Investment Guarantee Agency (MIGA). Member countries are allocated votes at the time of membership and subsequently for additional subscriptions to capital (one vote for each share of capital stock held by the member). The World Bank plays a significant role in global economic governance due to its broad mandate, its vast resource base, its frequent and regular interactions with governments as clients, and its myriad publications and databases. In 2020,

2900-679: The Social Security Administration . Orshansky introduced the poverty thresholds in a 1963 Social Security Bulletin article, "Children of the Poor." Orshansky based her thresholds on work she had done with the economy food plan while at the USDA . According to the USDA's 1955 Household Food Consumption Survey, families of three or more people spent one-third of their after-tax income on food. For these families, poverty thresholds were set at three times

3000-523: The Sustainable Development Goals . The World Bank has been criticized as promoting inflation and harming economic development . There has also been criticism of the bank's governance and response to the COVID-19 pandemic . The current president (starting in 2023) is Ajay Banga who is known to support climate action , unlike his predecessor David Malpass . The World Bank was created at

3100-467: The health sector . IHP+ mobilizes national governments, development agencies, civil society, and others to support a single, country-led national health strategy in a well-coordinated way. In September 2020, during the COVID-19 pandemic , the World Bank announced a $ 12 billion plan to supply "low and middle income countries" with a vaccine once it was approved. In June 2022, the bank reported that $ 10.1 billion had been allocated to supply 78 countries with

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3200-528: The "federal poverty level" (FPL), but the HHS discourages that term as ambiguous. In 1990, a Congressional committee requested the National Research Council (NRC) to conduct a study on revising the poverty measure. The NRC convened a panel, which published a 1995 report Measuring Poverty: A New Approach that concluded that the official poverty measure in the United States is flawed. The panel noted that

3300-569: The "official" poverty measures. Unlike the poverty thresholds, and in line with the NRC recommendations, the SPM both includes certain non-cash benefits in a family's income and adjusts thresholds for differences in housing costs by geographic area. Additionally, the SPM thresholds are based on how much a "reference" family with two children spends on food, clothing, shelter, and utilities (FCSU). Many sociologists and government officials have argued that poverty in

3400-684: The "old poverty," as opposed to the "new poverty" that emerged after the onset of the Great Depression . During the Depression, the government did not provide any unemployment insurance , so people who lost jobs easily became impoverished. People who lost their jobs or homes lived in shantytowns or Hoovervilles . Many New Deal programs were designed to increase employment and reduce poverty. The Federal Emergency Relief Administration specifically focused on creating jobs for alleviating poverty. Jobs were more expensive than direct cash payments (called "the dole"), but were psychologically more beneficial to

3500-653: The 1944 Bretton Woods Conference , along with the International Monetary Fund (IMF). The president of the World Bank is traditionally an American . The World Bank and the IMF are both based in Washington, D.C., and work closely with each other. Although many countries were represented at the Bretton Woods Conference, the United States and United Kingdom were the most powerful in attendance and dominated

3600-495: The Census Bureau has also been reporting a newer Supplemental Poverty Measure (SPM), which includes non-cash anti-poverty government assistance like Supplemental Nutrition Assistance Program (Food stamps) and Medicaid (health care for the poor), and also accounts for regional differences in the cost of living. The SPM is considered a more comprehensive estimate of poverty. For 2021, the percentage of Americans in poverty per

3700-581: The Orshansky poverty thresholds for statistical, planning, and budgetary purposes in May 1965. Officials at the OEO were enthusiastic; as research director Joseph Kershaw remarked, "Mollie Orshansky says that when you have more people in the family, you need more money. Isn't that sensible?" Officials at the Social Security Administration began to plan on how to adjust poverty thresholds for changes in

3800-676: The People in London . Another social reformer, Jacob Riis , documented the living conditions of New York tenements and slums in his 1890 work How the Other Half Lives . A group especially vulnerable to poverty consisted of poor sharecroppers and tenant farmers in the South. These farmers consisted of around a fourth of the South's population, and over a third of these people were African Americans. Historian James T. Patterson refers to these people as

3900-522: The SPM was 7.8%, and per the OPM was 11.6%. By the OPM, the poverty threshold for 2021 for a single person was $ 13,800, and for a family of four was $ 27,700. In 2020, the World Bank reported that 0.25% of Americans lived below the international definition of extreme poverty , which is living on less than $ 2.15 per day in 2017 Purchasing Power Parity dollars. The SPM increased by 4.6% in 2022 to 12.4%, due to

4000-686: The Southern Tioga School District may choose to attend the district's myCyberCampus or one of the Commonwealth's 13 public, cyber charter schools . Cogan House Elementary School closed in 1991 and in October 2013, the school board voted to close Liberty Elementary School and North Penn Junior Senior High School effective with the 2014–15 school year, but rescinded the closure of Liberty Elementary in December of that year. Southern Tioga School District offers an extensive program of after school clubs, arts programs and

4100-547: The Supplemental Poverty Measure (SPM), which was intended to address some of the weaknesses of the existing poverty guidelines. In October 2014, the Census Bureau released a report describing the SPM and stated its intention to publish SPM measures every year. However, SPM is intended to "supplement" the existing poverty thresholds, not "replace" them, as poverty thresholds will remain the "official" Census Bureau measure and poverty guidelines will be derived only from

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4200-465: The U.S. Census Bureau, the percentage of Americans living in poverty for 2019 (before the COVID-19 pandemic ) had fallen to some of lowest levels ever recorded due to the record-long economic growth period and stood at 11.1% (adjusted for smaller response during the pandemic). However, between May and October 2020, the economic effects of the COVID-19 pandemic , and the exhaustion of the funding provided by

4300-488: The U.S. as having the second-highest relative child poverty rates in the developed world. As of June 2016 , the IMF warned the United States that its high poverty rate needs to be tackled urgently by raising the minimum wage and offering paid maternity leave to women to encourage them to enter the labor force. In December 2017, the United Nations special rapporteur on extreme poverty and human rights, Philip Alston , undertook

4400-482: The US having much higher poverty rates by comparison. There are several measures used by the U.S. federal government to measure poverty. The Census Bureau issues the poverty thresholds , which are generally used for statistical purposes —for example, to estimate the number of people in poverty nationwide each year and classify them by type of residence, race, and other social, economic, and demographic characteristics. The Department of Health and Human Services issues

4500-426: The United States postulate that new and extreme forms of poverty have emerged in the U.S. as a result of neoliberal structural adjustment policies and globalization , which have rendered economically marginalized communities as destitute "surplus populations" in need of control and punishment. Many international bodies have emphasized the issues of poverty that the United States faces. A 2013 UNICEF report ranked

4600-518: The United States (15.85%), Japan (6.84%), China (4.42%), Germany (4.00%), the United Kingdom (3.75%), France (3.75%), India (2.91%), Russia (2.77%), Saudi Arabia (2.77%) and Italy (2.64%). Under the changes, known as 'Voice Reform – Phase 2', countries other than China that saw significant gains included South Korea , Turkey, Mexico , Singapore, Greece , Czech Republic , Hungary , Brazil, India , and Spain. Most developed countries' voting power

4700-484: The United States is understated, meaning that there are more households living in actual poverty than there are households below the poverty threshold. A study taken in 2012 estimated that roughly 38% of Americans live "paycheck to paycheck." In 1969, the Bureau of Labor Statistics put forward suggested budgets for adequate family living. 60% of working-class Americans lived below the "intermediate" budget, which allowed for

4800-432: The United States. In the 2010 U.S. Census, Guam had a poverty rate of 22.9%, the Northern Mariana Islands had a poverty rate of 52.3%, and the U.S. Virgin Islands had a poverty rate of 22.4% (all higher than any U.S. state). In 2018, Puerto Rico had a poverty rate of 43.1%. In 2017, American Samoa had a poverty rate of 65% — the highest poverty rate of any state or territory in the United States. As of 2018,

4900-493: The World Bank Group and its staff where allegation of non-observance of contracts of employment or terms of appointment had not been honored. McNamara was succeeded by U.S. President Jimmy Carter 's nominee, Alden W. Clausen , in 1980. Clausen replaced many members of McNamara's staff and crafted a different mission emphasis. His 1982 decision to replace the bank's Chief Economist, Hollis B. Chenery , with Anne Krueger

5000-414: The World Bank Group president and 25 executive directors. The president is the presiding officer, and ordinarily has no vote except to break a tie. The executive directors as individuals cannot exercise any power or commit or represent the bank unless the boards specifically authorized them to do so. With the term beginning 1 November 2010, the number of executive directors increased by one, to 25. In 2020,

5100-469: The World Bank had 12,300 full-time staff, and it operated in 145 countries. Some notable politicians who worked for the World Bank include: The International Bank for Reconstruction and Development (IBRD) has 189 member countries, while the International Development Association (IDA) has 174. Each member state of IBRD should also be a member of the International Monetary Fund (IMF) and only members of IBRD are allowed to join other institutions within

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5200-453: The World Bank reduced the transformative potential of SDG 10 during the agenda-setting stage. The bank has stated its ambition to help catalyze the SDGs through “thought leadership, global convening, and country-level uptake”. In general, the World Bank strategically uses the power of the Sustainable Development Goals (SDGs) in its favor to reinforce its own policies or interests while minimizing

5300-616: The World Bank's 2012 annual meeting in Tokyo, a review of these safeguards was initiated, which was welcomed by several civil society organisations. As a result, the World Bank developed a new Environmental and Social Framework, which has been in implementation since 1 October 2018. The World Bank or the World Bank Group is also a sitting observer in the United Nations Sustainable Development Group . Beginning in 1989, in response to harsh criticism from many groups,

5400-404: The World Bank’s total commitments amounted to USD 77.1 billion and it operated in 145 countries. World Bank projects cover a range of areas from building schools to fighting disease, providing water and electricity, and environmental protection , and as such, they are linked to most of the Sustainable Development Goals . As a guideline to the World Bank's operations in any particular country,

5500-530: The bank (such as IDA). The five United Nations member states that are not members of the World Bank are Andorra, Cuba, Liechtenstein, Monaco, and North Korea. Kosovo is not a member of the UN, but is a member of the IMF and the World Bank Group, including the IBRD and IDA. In 2010, voting powers at the World Bank were revised to increase the voice of developing countries, notably China. The countries with most voting power are now

5600-566: The bank began including environmental groups and NGOs in its loans to mitigate the past effects of its development policies that had prompted the criticism. It also formed an implementing agency, in accordance with the Montreal Protocols, to stop ozone-depletion damage to the Earth's atmosphere by phasing out the use of 95% of ozone-depleting chemicals, with a target date of 2015. Since then, in accordance with its so-called "Six Strategic Themes",

5700-559: The bank has put various additional policies into effect to preserve the environment while promoting development. For example, in 1991, the bank announced that to protect against deforestation , especially in the Amazon , it would not finance any commercial logging or infrastructure projects that harm the environment. For the poorest developing countries in the world, the bank's assistance plans are based on poverty reduction strategies ; by combining an analysis of local groups with an analysis of

5800-400: The chance of being itself reshaped or transformed by these goals. Scholars found that the World Bank used the growing momentum of the (SDGs) to further its strategic objectives without being influenced by the SDGs in turn. Also, the bank engaged with the SDGs selectively; efforts to integrate the goals into organizational practices remained limited; and their inclusion in country-level processes

5900-462: The cost of the economy food plan. Different procedures were used for calculating poverty thresholds for two-person households and persons living alone. Her work appeared at an opportune moment, as President Johnson declared the War on Poverty just six months later—and Orshansky's work offered a numerical way to measure progress in this effort. The newly formed Office of Economic Opportunity (OEO) adopted

6000-531: The costs of housing, health insurance and medical care , transportation, and access to basic telecommunications take a much larger bite out of the family's income than a half century ago, yet none of these costs are considered in determining the official poverty thresholds. According to John Schwarz, a political scientist at the University of Arizona: The official poverty line today is essentially what it takes in today's dollars, adjusted for inflation, to purchase

6100-556: The country's financial and economic situation the World Bank develops a plan pertaining to the country in question. The government then identifies the country's priorities and targets for the reduction of poverty, and the World Bank instigates its aid efforts correspondingly. Forty-five countries pledged US$ 25.1 billion in "aid for the world's poorest countries", aid that goes to the World Bank International Development Association (IDA), which distributes

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6200-484: The early 1960s. The thresholds were based on the cost of a food basket at the time, multiplied by three, under the assumption that the average family spent one-third of its income on food. However, the poverty line only takes into account food purchases that were common more than 50 years ago. It assumes that Americans spend one third of their income on food; in fact, Americans typically spent less than one tenth of their after-tax income on food in 2000. For many families,

6300-449: The ending of pandemic stimulus payments and tax credits, with around 15.3 million Americans falling into poverty over this time period according to the Center on Budget and Policy Priorities . The 2020 assessment by the U.S. Census Bureau showed the percentage of Americans living in poverty for 2019 (before the COVID-19 pandemic ) had fallen to some of the lowest levels ever recorded due to

6400-405: The first time, two non-US citizens were nominated. The nominee is subject to confirmation by the board of executive directors to serve a five-year, renewable term. While most World Bank presidents have had banking experience, some have not. On 23 March 2012, U.S. president Barack Obama announced that the United States would nominate Jim Yong Kim as the next president of the bank. Jim Yong Kim

6500-436: The following: It assumes, for example, that the family will own: ... A toaster that will last for 33 years. ... A vacuum cleaner that will last 14 years. The budget assumes that a family will buy a two-year-old car and keep it for four years... Finally, the budget allows nothing whatever for savings. Given that the "intermediate" budget was fairly modest, observers questioned whether poverty levels were really capturing

6600-563: The full extent of prosperity, challenging the long-established view that most Americans had attained an affluent standard of living in the two decades following the end of the Second World War. There have also been criticism of the methodology used to develop the U.S. poverty thresholds in the first place. The poverty thresholds used by the US government were originally developed during the Johnson administration's War on Poverty initiative in

6700-723: The last 10 years through Development Policy Financing was approximately $ 117 billion. Its five organizations are: The first two are sometimes collectively referred to as the World Bank. To ensure that World Bank-financed operations do not compromise these goals but instead add to their realisation, the following environmental, social, and legal safeguards were defined: Environmental Assessment, Indigenous Peoples, Involuntary Resettlement, Physical Cultural Resources, Forests, Natural Habitats, Pest Management, Safety of Dams, Projects in Disputed Areas, Projects on International Waterways, and Performance Standards for Private Sector Activities. At

6800-492: The last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its loan strategy is influenced by environmental and social safeguards. As of 2022 , the World Bank is run by a president and 25 executive directors, as well as 29 various vice presidents. IBRD and IDA have 189 and 174 member countries, respectively. The U.S., Japan, China, Germany and the U.K. have the most voting power. The bank aims loans at developing countries to help reduce poverty. The bank

6900-719: The loans to eighty poorer countries. Wealthier nations sometimes fund their own aid projects, including those for diseases. Robert B. Zoellick, the former president of the World Bank, said when the loans were announced on 15 December 2007, that IDA money "is the core funding that the poorest developing countries rely on". World Bank organizes the Development Marketplace Awards , a grant program that surfaces and funds development projects with potential for development impact that are scalable and/or replicable. The grant beneficiaries are social enterprises with projects that aim to deliver social and public services to groups with

7000-462: The lowest incomes. In 2013 the bank adopted the concept of Shared Prosperity as one of the World Bank’s “Twin Goals” for that year, with the other one focusing on poverty reduction, aiming to reduce the share of people in extreme poverty to 3 percent of the global population by 2030. The bank defined Shared Prosperity as increasing the income of the bottom 40 percent of the population in each country. As

7100-478: The many causes include income, inequality, inflation, unemployment, debt traps and poor education. The majority of adults living in poverty are employed and have at least a high school education. Although the US is a relatively wealthy country by international standards, it has a persistently high poverty rate compared to other developed countries due in part to a less generous welfare system. Efforts to alleviate poverty include New Deal -era legislation during

7200-403: The negotiations. The intention behind the founding of the World Bank was to provide temporary loans to low-income countries that could not obtain loans commercially. The bank may also make loans and demand policy reforms from recipients. In its early years, the bank made a slow start for two reasons: it was underfunded, and there were leadership struggles between the US executive director and

7300-441: The northern banks that had been the primary sources of funding. Rotberg used the global bond market to increase the capital available to the bank. One consequence of the period of poverty alleviation lending was the rapid rise of debt of developing countries . From 1976 to 1980, developing world debt rose at an average annual rate of 20%. The World Bank Administrative Tribunal was established in 1980, to decide on disputes between

7400-413: The number of thresholds from 124 to 48, poverty thresholds have remained static for the past fifty years despite criticism that the thresholds may not be completely accurate. Although the poverty thresholds assumes that the average household of three spends one-third of its budget on food, more recent surveys have shown that that number has decreased to one-fifth in the 1980s and one-sixth by the 1990s. If

7500-423: The poor). Since 2011, the Census Bureau has started publishing the Supplemental Poverty Measure (SPM), which factors these non-cash benefits into the calculation, along with regional differences in cost of living, and is widely seen as a more comprehensive measure. Burkhauser et al. find that accounting for cash income, taxes, and major in-kind transfers and updating poverty thresholds for inflation show that

7600-464: The population lacks a college education, the median home price was $ 723,790, requiring an upper middle class income only earned by roughly 20% of all households in the county. Such fluctuations in local markets are, however, not considered in the federal poverty threshold and may leave many who live in poverty-like conditions out of the total number of households classified as poor. The Supplemental Poverty Measure, introduced in 2011, aims at providing

7700-519: The poverty guidelines for administrative purposes—for instance, to determine whether a person or family is eligible for assistance through various federal programs. Both the poverty thresholds and poverty guidelines are updated yearly. More recently, the Census Bureau has begun using the Supplemental Poverty Measure as an additional statistic to measure poverty and supplement the existing measures. The poverty income thresholds originate from work done by Mollie Orshansky , an American economist working for

7800-410: The poverty issue. The War on Poverty embraced expanding the federal government's roles in education and health care as poverty reduction strategies, and many of its programs were administered by the newly established Office of Economic Opportunity . The War on Poverty coincided with more methodological and precise statistical versions of studying poverty; the "official" U.S. statistical measure of poverty

7900-512: The poverty rate in the United States has not improved in half a century, with 11% of the population living in poverty in 2019, compared to 12% in 1970. Social scientist Mark Robert Rank writes in 2023 that the last four decades has seen a retrenchment of the social safety net, with a reduction in eligibility and amount of benefits transferred. This, along with the failure of the US to provide universal child care, medical insurance and other social benefits as done in peer countries, has resulted in

8000-494: The poverty thresholds were recalculated based on the share of household budgets taken by food costs as of 2008, the economy food budget multiplier would have been 7.8 rather than 3, greatly increasing the thresholds. The poverty guidelines are a version of the poverty thresholds used by federal agencies for administrative purposes, such as determining eligibility for federal assistance programs. They are useful because poverty thresholds for one calendar year are not published until

8100-472: The president of the organization. When the Marshall Plan went into effect in 1947, many European countries began receiving aid from other sources. Faced with this competition, the World Bank shifted its focus to non-European allies. Until 1968, its loans were earmarked for the construction of infrastructure works, such as seaports, highway systems, and power plants, that would generate enough income to enable

8200-527: The public in a way that encourages reuse, whereas the recent publications describing them are available as open access under a Creative Commons Attribution License , for which the bank received the SPARC Innovator 2012 award. The World Bank hosts the Open Knowledge Repository as an official open access repository for its research outputs and knowledge products. The World Bank's repository

8300-410: The record-long period of economic growth. However, between May and October 2020, some eight million people were put into poverty due to the economic effects of the COVID-19 pandemic and the ending of funds from the CARES Act . Catalyzed by Henry George 's 1873 book Progress and Poverty , public interest in how poverty could arise even in a time of economic progress arose in the 19th century with

8400-683: The rise of the Progressive movement. The Progressive American social survey began with the publication of Hull House Maps and Papers in 1895. This study included essays and maps collected by Florence Kelley and her colleagues working at Hull House and staff of the United States Bureau of Labor . It focused on studying the conditions of the slums in Chicago, including four maps color-coded by nationality and income level, which were based on Charles Booth 's earlier pioneering work, Life and Labour of

8500-426: The same poverty-line level of living that was appropriate to a half century ago, in 1955 .... Updated thereafter only for inflation, the poverty line lost all connection over time with current consumption patterns of the average family. Quite a few families then didn't have their own private telephone, or a car, or even a mixer in their kitchen... The official poverty line has thus been allowed to fall substantially below

8600-578: The standard of living. The Bureau of the Budget resisted these changes, but formed an interagency committee that, in 1969, decided that poverty thresholds would be adjusted for inflation by being tied to the Consumer Price Index , rather than changes in the standard of living. In August 1969, the Bureau of the Budget designated these revised thresholds as the federal government's official definition of poverty. Apart from minor changes in 1981 that changed

8700-556: The state with the lowest poverty rate was New Hampshire (7.6% poverty rate). Other states with low poverty rates in 2018 include Hawaii (8.8% poverty rate), Maryland (9.0% poverty rate), and Minnesota (9.6% poverty rate). Among U.S. states, Mississippi had the highest poverty rate in 2018 (19.7% poverty rate), followed by Louisiana (18.65%), New Mexico (18.55%) and West Virginia (17.10%). Among married couple families: 5.8% lived in poverty. This number varied by race and ethnicity as follows: World Bank The World Bank

8800-526: The structural adjustment programs of the World Bank had been responsible for "reduced health, nutritional and educational levels for tens of millions of children in Asia , Latin America , and Africa ". The president of the bank is the president of the entire World Bank Group . The president is responsible for chairing meetings of the boards of directors and for overall management of the bank. Traditionally, based on

8900-476: The summer of the next calendar year; poverty guidelines, on the other hand, allow agencies to work with more timely data. Poverty guidelines were issued by the OEO starting in December 1965. After the Omnibus Budget Reconciliation Act of 1981 , responsibility for issuing the guidelines was transferred to the Department of Health and Human Services . Poverty guidelines are also referred to as

9000-405: The thresholds are the same irrespective of geography and stated that due to "rising living standards in the United States, most approaches for developing poverty thresholds (including the original one) would produce higher thresholds today than the current ones." Additionally, the report suggested an alternative measure of poverty, which uses actual expenditure data to develop a threshold value for

9100-569: The unemployed, who wanted any sort of job for morale. Other New Deal initiatives that aimed at job creation and wellbeing included the Civilian Conservation Corps and Public Works Administration . Additionally, the institution of Social Security was one of the largest factors that helped to reduce poverty. A number of factors helped start the national War on Poverty in the 1960s. In 1962, Michael Harrington 's book The Other America helped increase public debate and awareness of

9200-639: The use of the funds to ensure that the French government met the conditions. In addition, before the loan was approved, the United States Department of State told the French government that its members associated with the Communist Party would first have to be removed. The French government complied and removed the Communist coalition government —the so-called tripartite . Within hours, the loan to France

9300-537: The vaccine The US Treasury has committed $ 667 million for the World Bank's global Pandemic Fund, a third of the $ 2 billion the fund hopes to raise. The Pandemic Fund, established in September 2022, is a collaborative initiative among countries, implementing partners, philanthropies, and civil society organizations. It aims to fund investments that address critical gaps in pandemic prevention, preparedness, and response capacities at national, regional, and global levels, with

9400-630: Was $ 14,942, while the median family income was $ 39,106. In Tioga County, the median household income was $ 44,178. By 2013, the median household income in the United States rose to $ 52,100. In 2014, the median household income in the USA was $ 53,700. Southern Tioga School District operates: 2 high schools (North Penn Mansfield Junior Senior High School and North Penn-Liberty High School ) grades 7-12 and 3 elementary schools ( (Blossburg Elementary School, Liberty Elementary School and Warren Miller Elementary School) grades kindergarten-6th grade. Students residing in

9500-400: Was an example of this new focus. Krueger was known for her criticism of development funding and for describing developing countries' governments as " rent-seeking states". During the 1980s, the bank emphasized lending to service debt of developing countries, and structural adjustment policies designed to streamline the economies of developing nations. UNICEF reported in the late 1980s that

9600-491: Was approved. From 1974 to 1980, the bank concentrated on meeting the basic needs of people in the developing world . The size and number of loans to borrowers greatly increased, as loan targets expanded from infrastructure into social services and other sectors. These changes can be attributed to Robert McNamara , who was appointed to the presidency in 1968 by Lyndon B. Johnson . McNamara implored bank treasurer Eugene Rotberg to seek out new sources of capital outside of

9700-412: Was elected on 27 April 2012 and reelected to a second five-year term in 2017. He announced that he would resign effective 1 February 2019. He was replaced on an interim basis by now-former World Bank CEO Kristalina Georgieva , then by David Malpass on 9 April 2019. David Malpass faced criticism in 2023 as he had "sparked outcry by appearing to question the role of humans in climate change ". In 2023,

9800-433: Was established along with the International Monetary Fund at the 1944 Bretton Woods Conference . After a slow start, its first loan was to France in 1947. In its early years, it primarily focused on rebuilding Europe. Over time, it focused on providing loans to developing world countries. In the 1970s, the World Bank re-conceptualized its mission of facilitating development as being oriented around poverty reduction . For

9900-495: Was only adopted in 1969. In the 21st century, the Great Recession helped to raise the poverty levels again. As of 2009 , the number of people who were in poverty was approaching 1960s levels that led to the national War on Poverty. The 2010 census data shows that half the population qualifies as poor or low income, with one in five millennials living in poverty. Academic contributors to The Routledge Handbook of Poverty in

10000-454: Was reduced, along with a few developing countries such as Nigeria . The voting powers of the United States, Russia and Saudi Arabia were unchanged. The changes were brought about with the goal of making voting more universal in regards to standards, rule-based objective indicators, and transparency among other things. Now, developing countries have an increased voice in the "Pool Model", backed especially by Europe. Additionally, voting power

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