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Question: Describe global poverty trends? Answer: The percentage of people living below poverty line has fallen from 28% in 1991 to 21% in 2001; in the developing countries. Poverty declined substantially in China and some South Asian countries because of rapid economic development. On the other hand, reduction was not as sharp in countries; like Pakistan, Bangladesh, Sri Lanka, etc.
In Sub Saharan Africa, poverty increased from 41% in 1981 to 48% in 2001. The poverty level has remained the same in Latin America. Poverty has resurfaced in Russia and some of the former communist countries.
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