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International economic news

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September 18, 2008

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"Can we be talking about the same era "

yes

your's is still
the top site for
developing insight

trade impasse ahoy

It is true that millions have dropped under the global poverty line over the past 25 years. However, according to the Chen and Ravallion numbers you speak of, 57.6 percent of the entire world still lives in poverty. The region of the world where Broad and Cavanagh draw their strength from, South Asia, still has 85 percent of its population in poverty (the new $2.50 per day metric).

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