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Bookmark or Share- Poverty Overview: Development news, research, data | World BankOverview. Global poverty reduction has slowed to a near standstill, with 2020-2030 set to be a lost decade. 8.5 percent of the global population – almost 700 million people – live today on less than $2.15 per day, the extreme poverty line relevant for low-income countries. Three-quarters of all people in extreme poverty live in Sub-Saharan ...
- Ethiopia Poverty Assessment: Poverty Rate Declines, Despite ChallengesAs a result, poor people in 2016 were on average poorer than the poor in 2005. Gains overall, and agriculture will remain important “Poverty reduction was particularly strong in cities and towns, in line with strong overall economic growth, but was relatively weak in the less connected rural areas of the country,” said Arden Finn, World ...
- KEY FINDINGS Overcoming Poverty and Inequality in the Philippines: Past ...In the past three decades, the Philippines has made remarkable progress in reducing poverty. Driven by high growth rates and structural transformation, the poverty rate fell by two-thirds, from 49.2 percent in 1985 to 16.7 percent in 2018. By 2018, the middle class had expanded to nearly 12 million people and the economically secure population had risen to 44 million. This report is intended ...
- The Philippines Can Overcome Poverty - World Bank GroupThe first story is inspiring. And gives everyone hope: The Philippines can overcome poverty! The reason for this optimism is that from 2006 to 2015, robust economic growth helped the poverty rate in the Philippines to fall by 5 percentage points. Hence, poverty declined from 26.6 percent in 2006 to 21.6 percent in 2015.
- Ethiopia Poverty Study Reveals Overall Poverty Declined, but Inequality ...The study revealed that across most regions, better off households like Zeineba’s gained the most, while poorer households such as Zebiba’s did not experience any progress. As such, inequality increased in all regions, with the exception of the Somali region. The report notes that an increase in inequality is likely to hamper sustained ...
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