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Climate Change Hits the Poor Hardest

Climate change hits the poor hardest. Poor people living in tropical countries are more exposed to storms and extreme weather, their housing and infrastructure is weaker, and they have less savings or insurance to fall back on when disaster strikes.

MCC Compact Funding by Sector

MCC has funded country-identified priorities across a range of sectors, and it is clear that the agency’s flexibility to do so has enabled it to fill some important gaps.

US Exports to Select Countries, 1993–2013

US exports to developing
countries have grown by more than 400 percent over the
last 20 years. Today, they total more than $600 billion
annually and are greater than US exports to China,
Europe, and Japan combined.

Parents’ Wealth Predicts Kids’ Test Scores

The PISA is a standardized test administered to 15-year-olds in dozens of countries every three years, most recently in 2012. Rich kids do better on PISA, so much so that rich kids in poorer countries score just as well their counterparts in rich countries. The strength of that relationship between wealth and scores varies a lot though across countries.

Gaps in Reading Test Scores Are Very High between Rich and Poor in High-Inequality Countries

Countries with high inequality have very big gaps in test scores between rich and poor kids. The correlation between the Gini coefficient of income inequality (on the horizontal axis) and the measure of intergenerational immobility (i.e., how well parental wealth predicts test scores, on the vertical axis) is high (about 0.71 for reading and 0.75 for math) and highly statistically significant.