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Global Poverty Scenario
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The proportion of people in different countries living in
extreme economic poverty
— defined by the World Bank as living on less than $1.90 per day—has fallen from 36 percent in 1990 to 10 percent in 2015.
-
Poverty declined substantially in China and Southeast Asian countries as a result of
rapid economic growth and massive investments in human resource development.
-
In the countries of South Asia (India, Pakistan, Sri Lanka, Nepal, Bangladesh, Bhutan) the
decline
has also been rapid
34 percent in 2005 to 15.2 percent in 2014.
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Because of different poverty line definitions,
poverty in India is also shown higher than the national estimates.
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Poverty has also resurfaced in some of the former socialist countries like
Russia, where officially it was non-existent earlier.
- Above table shows the proportion of people living in poverty in different countries as defined by the international poverty line.
