An entrenched low-growth environment, coupled with high interest rates, would threaten debt sustainability and could fuel social tension and hinder the green transition. Furthermore, expectations of weaker growth may deter investment in capital and technologies and so, in part, become self-fulfilling.” Poverty measures reported at the national level don’t provide a full picture of where the world’s poorest people live. New research from the Oxford Poverty and Human Development Initiative (OPHI), based at the University of Oxford, has revealed that nearly 60 per cent of people living in the world’s poorest regions are actually not in the least developed countries.
