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While the gender gaps are closing, mobility has stalled for the last three decades, according to a report by the World Bank Group.

The report "Fair Progress? Economic Mobility across Generations Around the World" was published by the World Bank Group in May 2018.

According to the report, generations of poor people in developing countries are trapped in a cycle of poverty determined by their circumstance at birth and unable to ascend the economic ladder due to inequality of opportunity.

Mobility has stalled for the last 30 years, says the report, which tracks economic mobility between parents and their children through the prism of education, a critical asset that influences an individual’s lifetime earnings. It looks at people born between 1940 and 1980, and finds that 46 out of 50 countries with the lowest rates of mobility from the bottom to the top are in the developing world.

Closing gender gaps

Gender gaps, however, are closing with girls in high-income countries now out-performing boys in tertiary education and catching up in the developing world.

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