Ding Dou, Peking University China has had remarkable success in alleviating poverty. According to World Bank statisticsover the past several decades China has accounted for more than 70 per cent of reductions in global poverty.
May 19, 2: Though the decline was faster and more broad-based than in the preceding decades, examples from across the developing world suggest it could have been more inclusive and responsive to economic growth.
India has made tremendous progress in reducing absolute poverty in the past two decades. The standard way to determine whether a household is poor is to compare its daily expenditure per capita to a minimum consumption threshold, or poverty line.
During this period, an astonishing million people were lifted out of poverty. Moreover, the pace of poverty reduction accelerated over time and was three times faster between and — the years for which the latest set of government data are available — than in the previous decade.
The fall in poverty levels could have been much higher if growth had been more inclusive. Notably, while consumption levels have increased rapidly in recent years, the poorest 40 per cent of households have seen their incomes grow at a slower pace than the population as a whole.
Although India ranked 16th among 51 middle-income countries in average consumption growth duringit ranked much lower — 27th — in consumption growth for the poorest 40 per cent during this period.
Advertising In many cases, when a country experiences high growth, rapid poverty reduction quickly follows. The responsiveness of poverty to per capita GDP growth in India is lower than the average for developing countries.
A few telling indicators reveal the extent of this divergence: And, in general, this relationship between growth and poverty reduction varied widely among states. The sheer scale of poverty in the country remains sobering. Put differently, one in four people living in extreme poverty across the world are Indians.
Moreover, the poorer states are not catching up with their more prosperous counterparts. If the current trend of slower poverty reduction in the poorer states persists, poverty will become increasingly concentrated in a handful of lower income states.
We will discuss this in a later article in this series. Although the full potential of economic growth to reduce poverty is yet to be unleashed, the links between growth and poverty reduction have become stronger than in the previous decade.
In addition, the manner in which growth has impacted poverty in urban and rural areas, as well as in different sectors, has changed significantly.A "corrupt" poverty line. The number of poor in India is measured by a poverty line that is probably one of the most disputed and incessantly attacked tool in the world of development economics.
Over the past 20 years or so India, China, and the rest of East Asia, experienced fast economic growth and falls in the poverty rate, Latin America stagnated, the former Soviet Union, Central and Eastern Europe, and sub-Saharan Africa regressed.
World Development book case studies. Page 1 of 2. World Development case study: World Trade Organization. April 25, World Development book case study: Does India need aid?
A case study for our World Development text book. New Internationalist reports on issues of world poverty and inequality. We focus attention on the unjust. The World Bank Group works in every major area of development.
We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face. Case Study SERICULTURE- A VIABLE OPTION FOR SUSTAINABLE LIVELIHOOD ABSTRACT The reduction of rural poverty continues to be a paramount goal of the developing countries like India.
So far various in China and India, followed by Japan, Brazil and Korea (Nagaraju, ). Sericulture plays a very effective role in.
Brazil, China, India and South Africa are a highly heterogeneous group of countries, differing significantly in terms of size, population and weight in the world economy. They are also at different.