Question

Describe the global poverty scenario as presented by world Bank ? answer me fastest

Answer 1

According to the Global estimates as published by World bank, poverty levels across the globe have declined, with 1.4 billion people (one in four) in the developing world living below US$1.25 a day in 2005, down from 1.9 billion (one in two) in 1981. In other words, global poverty rates fell from 52% in 1981 to 26% in 2005. However, the paper also finds that the number of poor people in the world in 2005 – at 1.4 billion - was higher than the earlier estimates based on the then international poverty line of $1.08 in 1993 PPP. This earlier estimate had pegged the number of global poor in 2005 at below 1 billion

Answer 2

the proportion of people in developing countries living in extreme economic poverty Defined by the World bank has lying on less than 1.5 dollar per day has fallen from 43% in 1992 22% in 2008 although there has been a substantial reduction in global poverty it is marked with red regional difference poverty decline substantially in China and Southeast Asian countries as a result of rapid economic growth and message investment in human resources development.