Question

Explain any 5 features of global poverty scenario

Answer 1

According to global estimates,poverty levels across the globe have decline with 1.4 billion people in developing world living below US dollar 1.25 day in 2005 from 1.9 billion in 19981.2005 was much higher than that of estimated people in 1981.

Answer 2

Answer:

As studied by World Bank, following are the features of global poverty scenario

(i) The proportion of people in developing countries living in extreme economic poverty defined by the World Bank as living of less than $ 1.25 per day has fallen from 43% in 1990 to 22% in 2008.

(ii) Poverty declined substantially in China and South-East Asian countries as a result of rapid economic growth and massive investment in human resource development.

(iii) In the countries of South Asia, the decline has not been as rapid.

(iv) In Sub-Saharan Africa, poverty in fact decline from 51% in 1981 to 47% in 2008.  

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

Explanation:

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