Good news on extreme poverty

Good news on extreme poverty

Here is some good economic news. The rate
of extreme poverty in the world has been
going down. See

http://myhome.spu.edu/ddowning/global/gdppie.htm

for some graphs that show per capita income
in different countries. About one-third of
the world’s population live in two countries:
China and India. As many people in these countries
have becone richer there is a significant
fall in the rate of global poverty. However,
there still are many countries suffering from
extreme poverty, so there is still work needed.

The End of Poverty by Jeffrey Sachs
is a good book that describes many countries
and the traps that keep some in poverty and
the strategies that have allowed some to
escape poverty.
……………..
–Douglas Downing
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This blog is part of the Seattle Pacific University
Political Economy blog group. New items will be posted
about three times per week (two times per week during
Christmas season).

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