write a short note on global poverty scenario.
Dear student,
Please find below the solution to the asked query.- There has been substantial reduction in global poverty,but there are greater regional disparities.
- Poverty declined in China and south -east Asian countries as a result of rapid economic growth and huge investments in the development of human resources.
- In Latin America ,the ratio of poverty remained almost the same.
- In sub-Saharan Africa,poverty saw an upward trend rather than a downward trend .It rose from 41% in 1981 to 46 % in 2001.
- Poverty has surfaced itself in some of the former socialist countries like Russia,where formerly it was non-existent.
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