Answer:
Following
are the features of global poverty scenario
(i) The proportion of people in
developing countries living in extreme economic poverty defined by the World
Bank as living of less than $ 1 per day has fallen from 28% in 1990 to 21
percent in 2001.
(ii) Poverty declined substantially in China and
South-East Asian countries as a result of rapid economic
growth and massive investment in human resource development.
(iii) In the countries of South Asia, the decline has not
been as rapid.
(iv) In Sub-Saharan Africa, poverty in fact rose from 41%
in 1981 to 46% in 2001.
(v) In Latin America, the ratio of poverty remained the
same.
(vi) Poverty has also resurfaced in some of the
former socialist countries like Russia, where officially
it was non-existent earlier.
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