Describe the global poverty trends.

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Describe the global poverty trends.

Posted by Rohan Aryan 4 years, 6 months ago

CBSE > Class 09 > Social Science

1 answers

Aliya . 4 years, 6 months ago

(i) Although there has been substantial reduction in global poverty, it is marked with great regional differences. Poverty declined substantially in China and Southeast Asian countries as a result of rapid economic growth and investments in human resource development. Number of the poor in China has come down from 606 million in 1981 to 212 million in 2001. (ii) In the countries of South Asia-India, Pakistan, Sri Lanka, Nepal Bangladesh, Bhutan the decline has not been as rapid. (iii) In Sub-Saharan Africa, poverty in fact rose from 41 per cent in 1981 to 46 per cent in 2001. (iv) In Latin America, the ratio of poverty remained the same. Poverty has also resurfaced in some of the former socialist countries like Russia.

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