May 9, 2013
The Brookings Institute recenlty released a report about the prospects of ending extreme poverty (living on less than $1.25 a day) by 2030. The study found economic progress of a country and income equality as two determining factors in reducing poverty. The Washington Post reports:
A few things will have to happen for the poverty reduction goal to be hit...India will have to up its game on both economic growth and the distribution of the benefits. As this chart shows, China has mostly run its leg of the relay – with economic growth that has lifted hundreds of millions from poverty and, almost on its own, put the world on trend to reach Kim’s goal.
View interactive charts here.
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