Explain the poverty scenario in different parts of the world
Answers
Global Poverty Scenario
Although, extreme economic poverty has reduced in the world from 43 % in 1990 to 22 % in 2008 (as per the world bank), still there are vast regional differences. These are stated below:
1- The proportion of people living under poverty in different countries is defined by the international poverty line ( means population below rs 1 a day).
2- In South -East Asia and China, there is decline in poverty due to rapid economic growth and massive investment in human resource development.
3- In Latin America and the Caribbean, poverty ratio has not changed significantly since 1981.
4- In Sub-Saharan Africa, poverty has increased since 1981 due to successive droughts and other reasons. However, it declined from 51 % in 1981 to 47% in 2008.
The Millennium Development Goals of the United Nations ( formulated in the year 2000) call for reducing the proportion of people living on less than rs 1 day to half the 1990 level by 2015
Answer:
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Although, extreme economic poverty has reduced in the world from 43 % in 1990 to 22 % in 2008 (as per the world bank), still there are vast regional differences. These are stated below:
1- In South -East Asia and China, there is decline in poverty due to rapid economic growth and massive investment in human resource development.
2- The proportion of people living under poverty in different countries is defined by the international poverty line ( means population below rs 1 a day).
3- The Millennium Development Goals of the United Nations ( formulated in the year 2000) call for reducing the proportion of people living on less than rs 1 day to half the 1990 level by 2015.
4- In Sub-Saharan Africa, poverty has increased since 1981 due to successive droughts and other reasons. However, it declined from 51 % in 1981 to 47% in 2008.
5- In Latin America and the Caribbean, poverty ratio has not changed significantly since 1981.