Question

describe global poverty

Answer 1

There has been substantial reduction in global poverty, but there are regional disparities as described below
(i) Poverty declined in China and South-East Asian countries as a result of rapid economic growth and huge investments in the development of human resources.
(ii) In Latin America and the Caribbean, the ratio of poverty remained almost the same.
(iii) In Sub-Saharan Africa, poverty saw an upward trend due to successive droughts. It rose from 51% in 1981 to 47% in 2008.
(iv) Poverty has again surfaced in some of the former socialist countries like Russia, where formerly it was non-existent.

Answer 2

living through a period of rapid global poverty reduction. According to recent estimates, high, sustained growth across most of the developing world has helped nearly half a billion people escape $1.25-a-day poverty between 2005 and 2010. Never before have so many people been lifted out of poverty over such a brief period.

While the overall prevalence of poverty is in retreat, the global poverty landscape is changing. This transformation is captured by two distinct trends: poor people are increasingly found in middle-income countries and in fragile states. Both trends – and their intersection – present important new questions for how the international community tackles global poverty reduction.