Question

Describe global poverty trends?

Answer 1

Heya

Here is your answer

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There have been substantial reduction in global poverty, but there are regional disparities  described below -

(1) 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.

(2) In Latin America, the ratio of poverty remained almost the same.

(3) In sub-Saharan Africa, poverty saw an upward trend rather than a downward trend. It  rose from 41% in 1981 to 46% in 2001.

(4) Poverty has surfaced itself in some of the former socialist countries like Russia,  where formerly it was non-existent.

(5) In the countries of South Asia—India, Pakistan, Sri Lanka, Nepal, Bangladesh,  Bhutan the decline has not been as rapid.

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