Describe global poverty trends
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Global Poverty Trends :
The number of people living in poverty as measured by the higher international poverty lines of $3.20 and $5.50 increased between 1990 and 1999, but has fallen since then. In 2015, over one-fifth of the global population lived below $3.20 and almost a half lived below $5.50 a day.
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☆Global poverty trends
☆The number of people living in poverty as measured by the higher international poverty lines of $3.20 and $5.50 increased between 1990 and 1999, but has fallen since then. In 2015, over one-fifth of the global population lived below $3.20 and almost a half lived below $5.50 a day.
- ☆(i) Although there has been substantial reduction in global poverty, it is marked with great regional differences. Poverty declined substantially in China and Southeast Asian countries as a result of rapid economic growth and investments in human resource development. Number of the poor in China has come down from 606 million in 1981 to 212 million in 2001.
- ☆(ii) In the countries of South Asia-India, Pakistan, Sri Lanka, Nepal Bangladesh, Bhutan the decline has not been as rapid.
- ☆(iii) In Sub-Saharan Africa, poverty in fact rose from 41 per cent in 1981 to 46 per cent in 2001.
- ☆(iv) In Latin America, the ratio of poverty remained the same. Poverty has also resurfaced in some of the former socialist countries like Russia.
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