India is no longer home to the largest number of poor people in the world. Nigeria is., By Joanna Slater, July 10, 2018, Washington Post: “It is a distinction that no country wants: the place with the most people living in extreme poverty. For decades, India remained stubbornly in the top spot, a reflection of its huge population and its enduring struggle against poverty. Now, new estimates indicate that Nigeria has knocked India out of that position, part of a profound shift taking place in the geography of the world’s poorest people..”
Tag: Extreme poverty
Concentrated Poverty in US Cities
- Metro Detroit’s poverty gets worse despite city’s comeback, By Frank Witsil, April 26, 2018, Detroit Free Press: “A new look at the poorest urban areas in America, despite economic growth and prosperity, puts metro Detroit near the top of the list. The report — from 24/7 Wall St., a New York-based financial news organization — ranks the Detroit area at No. 5 in a list of impoverished communities. It also raises the question: During such good economic times, why are so many getting left behind..?”
- Despite overall sustained GDP growth in US, some cities still hit hard by extreme poverty, By Samuel Stebbins, April 23, 2018, USA Today: “By several measures, the United States is in a period of historic economic growth and prosperity. Major stock market indices have hit record highs, unemployment is at a near two-decade low, and we are in the midst of what may prove to be the longest period of sustained GDP growth in U.S. history. However, amid all the good news, the poverty rate is on the rise, and several U.S. cities are becoming increasingly geographically and socially segregated by income…”
Global Poverty
Global poverty declines even amid economic slowdown, World Bank says, By Maria Hollenhorst, October 2, 2016, National Public Radio: “The number of people living in extreme poverty is continuing to plunge, despite the 2008-09 financial crisis and slowing global economic growth, according to a World Bank study released Sunday. In the report, ‘Poverty and Shared Prosperity,’ the World Bank says the progress proves that eliminating extreme poverty is an achievable goal…”