Poverty Reduction
Poverty
– Absolute poverty or destitution refe rs to the deprivation of basic human needs, which commonly includes food, water, sanitation, clothing, shelter, health care and education.
– Relative poverty is defined contextually as economic inequality in the location or society in which people live. The World Bank has established an international poverty line of $1 a day per person in
1985 purchasing power parity (PPP) prices.
According to this measure the portion of poor people in the world’s population— those living on less than
$1 a day—fell slightly between 1987 and 1993, from 30 percent to 29 percent. But the absolute number of poor people increased, from 1.2 billion to 1.3 billion.
Reference: Beyond Economic Grow
Book
The Geography of Poverty
• Most of the world’s poor live in :
*South Asia (39 percent),
*East Asia (33 percent, mostly in China and
Indochina), and
*Sub-Saharan Africa (17 percent).
South Asia also has the highest incidence of poverty (43 percent of its population), followed by Sub-Saharan Africa (39 per- cent)
Countries in which more than half the population lives below the international poverty line include;
– Guatemala,
– Guinea-Bissau,
– India,
– Kenya,
– Lesotho,
– Madagascar,
– Nepal,
– Niger,
– Senegal,
– and Zambia
• Analysts have found a strong positive relationship between economic growth and poverty reduction.
•
For example, East Asia (excluding China),which contains the world’s fastest-growing economies, reduced the share of its population living in poverty from 23 percent in 1987 to less than 14 percent in 1993. But in Sub-Saharan Africa, where negative growth of GNP per capita pre- dominated during that period, the incidence of poverty hardly changed. The Vicious Circle of Poverty
Reference: Beyond Economic Grow
Book
Economists generally assume that people’s willingness to save for future consumption grows with their incomes. The poorer people are, the less they can afford to plan for the future and save.
In
– Absolute poverty or destitution refe rs to the deprivation of basic human needs, which commonly includes food, water, sanitation, clothing, shelter, health care and education.
– Relative poverty is defined contextually as economic inequality in the location or society in which people live. The World Bank has established an international poverty line of $1 a day per person in
1985 purchasing power parity (PPP) prices.
According to this measure the portion of poor people in the world’s population— those living on less than
$1 a day—fell slightly between 1987 and 1993, from 30 percent to 29 percent. But the absolute number of poor people increased, from 1.2 billion to 1.3 billion.
Reference: Beyond Economic Grow
Book
The Geography of Poverty
• Most of the world’s poor live in :
*South Asia (39 percent),
*East Asia (33 percent, mostly in China and
Indochina), and
*Sub-Saharan Africa (17 percent).
South Asia also has the highest incidence of poverty (43 percent of its population), followed by Sub-Saharan Africa (39 per- cent)
Countries in which more than half the population lives below the international poverty line include;
– Guatemala,
– Guinea-Bissau,
– India,
– Kenya,
– Lesotho,
– Madagascar,
– Nepal,
– Niger,
– Senegal,
– and Zambia
• Analysts have found a strong positive relationship between economic growth and poverty reduction.
•
For example, East Asia (excluding China),which contains the world’s fastest-growing economies, reduced the share of its population living in poverty from 23 percent in 1987 to less than 14 percent in 1993. But in Sub-Saharan Africa, where negative growth of GNP per capita pre- dominated during that period, the incidence of poverty hardly changed. The Vicious Circle of Poverty
Reference: Beyond Economic Grow
Book
Economists generally assume that people’s willingness to save for future consumption grows with their incomes. The poorer people are, the less they can afford to plan for the future and save.
In