The world economy giving less to poorest in spite of global poverty campaign

World's poorest see 73 per cent drop in share of benefits from growth in last decade according to new research from nef released as World Economic Forum gathers in Davos.

nef's report "Growth isn't working: the uneven distribution of benefits and costs from economic growth", released on Monday 23 January 2006, shows that globalisation is failing the world's poorest as their share of the benefits of growth plummet, and accelerating climate change hurts the poorest most.

The report reveals that the share of benefits from global economic growth reaching the world's poorest people is actually shrinking, while they continue to bear an unfair share of the costs. New figures show that growth was less effective at passing on benefits to the poorest in the 1990's than it was even in the 1980's- the so-called 'lost decade for development' - and an age of rising climate chaos will worsen their prospects.