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World poverty shrinking: Nepal, Bangladesh stand out

Some of the poorest people in the world are becoming significantly less poor, says a groundbreaking academic study which has taken a new approach to measuring deprivation.

world Updated: Mar 17, 2013 23:46 IST

Some of the poorest people in the world are becoming significantly less poor, says a groundbreaking academic study which has taken a new approach to measuring deprivation.

The report, by Oxford University’s poverty and human development initiative, predicts that countries among the most impoverished could see acute poverty eradicated within 20 years if they continue at present rates.

It identifies “star performer” nations such as Rwanda, Nepal and Bangladesh as places where deprivation could disappear within the lifetime of present generations.

Close on their heels with reductions in poverty levels were Ghana, Tanzania, Cambodia and Bolivia.

The study stated that poverty reduction drives in the developing world were exceeding all expectations. Guardian News Service