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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.

Updated on: Mar 17, 2013 11:46 PM IST
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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.

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HT Image

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

 
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Get the latest headlines from US news and global updates from Pakistan, Nepal, UK, Bangladesh, Russia and US Iran war Live, get all the latest headlines in one place on Hindustan Times.
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