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# Extreme poverty, child labor, and inequality in well-being have **all fallen** since 2000 

![Insights: Extreme Poverty, Child Labor, Inequality (Story)](https://public.flourish.studio/story/2132586/thumbnail) 

April 18, 2024 

Sources 

Sources 

World Bank Poverty and Inequality Platform, “Number of People Living in Extreme Poverty, 1974 to 2019,” Our World in Data; “Child Labour: Global Estimates 2020, Trends, and the Road Forward,” International Labour Organization and United Nations Children’s Fund, 2021. p. 23; and Chelsea Follett and VIncent Geloso, [“Global Inequality in Well‐​Being Has Decreased across Many Dimensions,”](https://www.cato.org/policy-analysis/global-inequality-well-being-has-decreased-across-many-dimensions) Cato Institute Policy Analysis no. 949, June 8, 2023.

Notes 

Notes 

Inequality in well-being is a combined measure including income inequality as well as inequalities in lifespan, infant mortality, adequate nutrition, environmental safety, access to opportunity (as measured by education), access to information (as measured by internet access), and political freedom.

Further Reading 

Further Reading 

Johan Norberg, [“Globalization: A Race to the Bottom—or to the Top?,”](https://www.cato.org/multimedia/cato-video/globalization-race-bottom-or-top) Cato Institute, October 24, 2023.

For questions please contact <insights@cato.org>.

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[Cato Insights](/insights)[Cato Insights](/insights) illustrate, through thought-provoking data visualizations, important truths central to promoting and supporting a more free and open society.

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