5 April 2013 — Kaushik Basu, the World Bank Chief Economist and Senior Vice President for Development Economics, addressed the topic of what can be done to solve the problem of extreme poverty during a lecture held at the Ismaili Centre, Dushanbe.
Mr Basu noted that determination, passion and commitment alone are not sufficient to to eradicate extreme poverty. These qualities have to be combined “with knowledge, with professionalism, with research” in order to make substantial progress towards poverty alleviation.
Although Tajikistan has seen a substantial drop in the level of poverty — from 80 per cent of the population living below $2 per day in 1999 down to less than 24 per cent in 2012 according to the World Bank — the issue remains critical. The event drew numerous representatives of government, international and civil society agencies, the media as well as university scholars.