Tag: World Bank
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World Bank: Extreme poverty ‘to fall below 10%’
BBC: World Bank: Extreme poverty 'to fall below 10%' The World Bank has said that for the first time less than 10% of the world's population will be living in extreme poverty by the end of 2015. The bank said it was using a new income figure of $1.90 per day to define extreme poverty,…
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Trends in Extreme Poverty (Spoiler: The Poor Are Not Getting Poorer)
Globally, the number of people living in extreme poverty ($1.25 a day) is shrinking. The global poor are not getting poorer. The world population grew from 4.5 billion people in 1981 to 6.9 billion in 2010 – a 60% increase. The percentage of people living in extreme poverty in developing nations dropped from over 50%…
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Alleviating World Poverty: A Progress Report
New Geography: Alleviating World Poverty: A Progress Report There has been a substantial reduction in both the extreme poverty rate and the number of people living in extreme poverty since the early 1980s, according to information from the World Bank poverty database. The World Bank maintains data on developing world nations, which include both low…
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Easing restrictions and barriers could improve African food trade
Christian Science Monitor: Easing restrictions and barriers could improve African food trade A report by the World Bank found that easing fees, rules, and border restrictions could help Africa's food crisis, and could also lead to economic growth. Africa could avoid food shortages if it reduces the tangled web of rules, fees and high costs…
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How 28 poor countries escaped the poverty trap
Poverty Matters Blog: How 28 poor countries escaped the poverty trap Zambia and Ghana are the 27th and 28th countries the World Bank has reclassified as middle-income since the year 2000. … The World Bank did its annual assessment of poor countries last week. Low-income countries are those with average gross national incomes (GNIs) of…