2014 Human Development Report The 2014 Human Development Report - "Sustaining Human Progress: Reducing Vulnerabilities and Building Resilience" provides a fresh perspective on vulnerability and proposes ways to strengthen resilience. HIGHLIGHTS "Persistent vulnerability threatens human development, and unless it is systematically tackled by policies and social norms, progress will be neither equitable nor sustainable. "According to income-based measures of poverty, 1.2 billion people live with $1.25 or less a day. However, the latest estimates of the UNDP Multidimensional Poverty Index reveal that almost 1.5 billion people in 91 developing countries are living in poverty with overlapping deprivations in health, education and living standards. And although poverty is declining overall, almost 800 million people are at risk of falling back into poverty if setbacks occur. "By addressing vulnerabilities, all people may share in development progress, and human development will become increasingly equitable and sustainable," stated UNDP Administrator Helen Clark today. "The 2014 Human Development Report comes at a critical time, as attention turns to the creation of a new development agenda following the 2015 deadline for achieving the Millennium Development Goals. "Zeroing in on what holds back progress, the report holds that as crises spread ever faster and further, it is critical to understand vulnerability in order to secure gains and sustain progress. "It points to a slowdown in human development growth across all regions, as measured by the Human Development Index (HDI). It notes that threats such as financial crises, fluctuations in food prices, natural disasters and violent conflict significantly impede progress. "Reducing both poverty and people's vulnerability to falling into poverty must be a central objective of the post-2015 agenda," the Report states. "Eliminating extreme poverty is not just about 'getting to zero'; it is also about staying there." "A human development lens on who is vulnerable and why. "Reducing vulnerability is a key ingredient in any agenda for improving human development," writes Nobel laureate Joseph Stiglitz, in a contribution to the Report. "[We] need to approach it from a broad systemic perspective." "The 2014 Report takes such an approach, using a human development lens to take a fresh look at vulnerability as an overlapping and mutually reinforcing set of risks. It explores structural vulnerabilities - those that have persisted and compounded over time as a result of discrimination and institutional failings, hurting groups such as the poor, women, migrants, people living with disabilities, indigenous groups and older people. For instance, 80 percent of the world's elderly lack social protection, with large numbers of older people also poor and disabled. "The Report also introduces the idea of life cycle vulnerabilities, the sensitive points in life where shocks can have greater impact. They include the first 1,000 days of life, and the transitions from school to work, and from work to retirement. "Capabilities accumulate over an individual's lifetime and have to be nurtured and maintained; otherwise they can stagnate and even decline," it warns. "Life capabilities are affected by investments made in preceding stages of life, and there can be long-term consequences of exposure to short-term shocks." "For example, in one study cited by the Report, poor children in Ecuador were shown to be already at a vocabulary disadvantage by the age of six. Timely interventions-such as investments in early childhood development-are therefore critical, the Report states. Press release    Summary Report    Full Report    Supporting Data    Supporting Papers