Answer:
Although
there has been a substantial reduction in global poverty, it is marked with
great regional differences.
(i) Poverty declined substantially in China and south-east Asian colonies
as a result of rapid economic growth and massive investment in human resource
development.
(ii) In the south Asian countries, the decline has not
been as rapid. Despite decline in the percentage of poor, the number of poor
has declined from 475 million in 1981 to 428 million in 2001.
(iii) In Sub-Saharan Africa, poverty in fact rose from 41
per cent in 1981 to 46 per cent in 2001.
(iv) In Latin America, the ratio of poverty remained the
same.
(v) Poverty has also resurfaced in some of the former
socialist countries like Russia.
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