Cutting poverty
By Prennushi, Giovanna
Publication: Organisation for Economic Cooperation and Development. The OECD Observer
Date: Sunday, October 1 2000
Publication: Organisation for Economic Cooperation and Development. The OECD Observer
Date: Sunday, October 1 2000
HEADNOTE
problem. Across the globe 1 person in 5 lives on less than $1 a day - and 1 in 7 suffers from chronic hunger. True, the worldwide number and proportion of people living in extreme poverty or on less than $1 per day declined slightly through the mid-1990s. But most of that decline was in east Asia, notably China.
Goal: Reduce the proportion of people living in extreme poverty by half between 1990 and 2015.
Despite the economic boom in the western world, notably the United States, global poverty remains a serious
Overall progress slowed temporarily in some Asian countries in the late 1990s, and ground to a halt or reversed in others. In the rest of the world, while the proportion of people in poverty declined, population growth meant that the number of poor people increased. And in the countries of the former Soviet Union, undergoing economic and social transition, the proportion of poor more than trebled.
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