|AUTHOR||Caroline Harper, Hanna Alder and Paola Pereznieto|
|TOPIC||Child poverty and disparities|
|LANGUAGE||English, French and Spanish|
The last five years saw unprecedented global wealth creation; yet, the number of people living in chronic poverty—extreme poverty that persists for a long time—has increased. Between 320 and 443 million people are now trapped in chronic poverty, which many times is also transmitted inter-generationally to their children. The Millennium Development Goals target to halve global poverty by 2015 fails to account for the many who will remain trapped in poverty for some duration of time. The MDGs can only be achieved if chronic poverty is effectively tackled, particularly in sub-Saharan Africa and South Asia, and if the target is extended to 2025 to enable national governments and international organisations to make the necessary political commitments and resource allocations and implement necessary policies.