Extreme poverty is decreasing
According to Courrier International, the rate of people living under extreme poverty – less than $1.25 a day – has been halved in the past two decades. This spectacular progress can be partly explained by the impressive economic growth in Asia.
As an example, Bangladesh – which for many years had the title of world’s poorest country – has been developing rapidly. The amount of people living under extreme poverty halved there as well, from 60 to 30 percent.
The magazine wonders if extreme poverty could disappear by 2030. It could be the case if climate change doesn’t undo everything that has been done on this topic for the past decades.