Christian Daily International | Ending extreme poverty globally could be ‘surprisingly affordable’, landmark study finds
A new study by U.S.-based academics has found that ending global poverty could be “surprisingly affordable,” requiring about 0.3% — or $318 billion — of global gross domestic product (GDP) to reduce the worldwide poverty rate from 10% to 1%.
The findings were released in a Dec. 15 news announcement by the Center for Effective Global Action (CEGA), a research, training, and innovation hub headquartered at the University of California, Berkeley, and UC San Diego, and co-authored by researchers from Stanford University.
The report “What Would It Cost to End Extreme Poverty?” was originally published on Dec. 9, 2025.
“The share of the world’s population living in extreme poverty—defined as living on less than $2.15 in 2017 PPP dollars per day—has declined dramatically, from an estimated 41% in 1981 to 8% in 2024,” said the researchers in the study report.