Showing posts with label Poverty statistics(World). Show all posts
Showing posts with label Poverty statistics(World). Show all posts

Sunday, 17 July 2011

POVERTY: Global poverty rate falling, says UN

7 July 2011 16.13


Global poverty rate falling, says UN Annual progress report on the millennium development goals shows the world is on track to end extreme poverty, but hunger target is proving more difficult to achieve

, MDG : Living with less than a dollar a day , farmer in Afghanistan An Afghan boy harvests wheat at his father's farm outside Kabul on 9 June. The UN report on millennium goals indicates a fall in the number of people living in extreme poverty. Photograph: Ahmad Masood/Reuters

The world is still on track to signficantly lower poverty rates despite setbacks from recent economic, food and energy crises, but progress has been uneven, the UN said on Thursday.
The overall poverty rate is expected to fall below 15% – well below the 23% target set in the millennium development goals (MDGs) – by 2015, fulfilling the target of the first MDG of halving between 1990 and 2015 the proportion of people living on less than $1 day. The gains come despite the economic and financial crisis of 2008 that began in the US and Europe.
That the world remains on track is due to the momentum of growth in the developing world. In absolute numbers, the number of people in developing countries in extreme poverty (living on less than $1.25 a day) is projected to fall below 900 million, according the UN's annual report card of regional progress towards the eight MDGs.
East Asia continues to record the sharpest reduction in poverty, particularly in China and India, where the number of people living in extreme poverty in both countries fell by about 455 million between 1990 and 2005, and where 320 million more people are expected to join their ranks by 2015. The UN MDG report said projections for sub-Saharan Africa are slightly more upbeat than previously estimated, and the extreme poverty rate in the region is expected to fall below 36%.
Despite significant reductions in extreme poverty, the world will find it difficult to eradicate hunger, however, which is another target of MDG 1. The persistence of hunger is forcing policymakers to address problems such as access to food and high food prices. The Food and Agriculture Organisation has been asked to undertake a comprehensive review to see what policies could lead to a reduction in the proportion of people going hungry, which has plateaued at 16%.
Sub-Saharan Africa chalked up the best record for improvement in primary school enrolment, but the world is far from achieving universal primary education, MDG 2. Burundi, Madagascar, Rwanda, Samoa, São Tomé and Principe, Togo and Tanzania are among the countries that have achieved, or are nearing the goal of universal primary education. The abolition of school fees has contributed to progress in many of these countries, the UN said.
To achieve universal primary education, children must complete a full cycle of primary schooling. Currently, 87 out of 100 children in poor countries complete primary education.
On gender equality and the empowerment of women, the report said girls are gaining ground in education, though unequal access persists in many regions. Some 96 girls were enrolled in primary and secondary schools for every 100 boys in 2009, a significant improvement since 1999, when the ratios were 91 and 88, respectively. However, only three regions – the Caucasus and central Asia, Latin America and the Caribbean, and south-east Asia – have achieved gender parity in primary education. Exceptionally, in eastern Asia, girls slightly outnumber boys in primary school.
Aid, which comes under MDG 8, reached $128.7bn last year, a record high, but this was still $19bn short of the commitments made at the Gleneagles summit in 2005. Africa is shortchanged as the UN says preliminary estimates show it will receive only $11bn out of the $25bn increase promised at Gleneagles "due mainly to the underperformance of some European donors".
Although gains have been made across the board, including a reduction in child mortality, a decline in new HIV infections and improved access to drinking water, the UN urged countries to target those hardest to reach – the poorest of the poor and those disadvantaged because of their sex, age, ethnicity or a disability. It said the gap between urban and rural areas remains daunting.
"We have success stories to point to," the UN secretary-general, Ban Ki-moon, said in Geneva. "But achieving all the MDGs will require extra effort. Even where we have seen rapid growth, as in east Asia and other parts of the developing world, progress is not universal, nor are the benefits evenly shared. Stubbornly high unemployment persists in rich and poor countries alike. And in many cases, the wealth gap is widening – between the prosperous and the marginalised, between urban and rural. Solid gains in school enrolment and gender parity hardly signal mission accomplished."
The world needs to look beyond 2015, Ban added. "When the MDGs were first articulated, we knew that achieving them would, in a sense, be only half the job," he said. "We knew that too many men, women and children would go largely untouched by even our best efforts. That is why we are already working with all our partners to sustain the momentum and to carry on with an ambitious post-2015 development agenda."
First agreed at the UN MDG summit in September 2000, the eight MDGs set worldwide objectives for reducing extreme poverty and hunger, improving health and education, empowering women and ensuring environmental sustainability by 2015. At last year's MDG summit in New York, world leaders reaffirmed their commitment to the goals and the expansion of successful approaches; a global strategy for women's and children's health was launched with more than $40bn in commitments.
"Achieving the goals will require equitable and inclusive economic growth – growth that reaches everyone and that will enable all people, especially the poor and marginalised, to benefit from economic opportunities," said Ban. "Between now and 2015, we must make sure that promises made become promises kept. World leaders must show not only that they care, but that they have the courage and conviction to act."
http://www.guardian.co.uk/global-development/2011/jul/07/millennium-development-goals-2011-report

Tuesday, 28 June 2011

POVERTY: World Poverty Measurements Misleading


Friday, June 17, 2011 : Inter Press Service

In 2004, the World Bank stated that just under 1,0 billion people were living in poverty, only to later claim in 2005 that the number was close to 1.4 billion, Dr.Jomo Kwame Sundaram explained to his audience here.
His new book 'Poor Poverty' points out that poverty measurement results from different sources are producing very different results. There are even irregularities within individual sources. Without truly accurate analysis, poverty reduction becomes even more complicated.
The new release also discusses what Dr. Sundaram described as, 'silver bullets.' Micro credit, land ownership and good governance all fell under this term as attempts for easier solutions to poverty. Although Dr. Sundaram went on to say that 'Poor Poverty' 'does not have a single, unique solution to the problem, different countries require different solutions.'
This was explained at a panel discussion that took place Wednesday to mark the book launch of 'Poor Poverty: The impoverishment of analysis, measurement and policies.' The event was organized by the UN Academic Impact in collaboration with the UN bookshop. The book’s editors, Dr. Sundaram and Dr. Anis Chowdhury were on the panel, along with Professor Julian May of University of KwaZulu-Natal, who was linked by video-conference from South Africa.
An additional theme the book discusses is the idea of universalism. It was explained at the debate, that a universal approach to poverty reduction rather than targeting the most poor for help is more efficient and hence, effective.
Universalism, such as free primary education appears less like charity and is fairer to the country involved. Targeting the neediest is expensive and these people are often accidently overlooked nonetheless.
The editors also covered the books beliefs on aid. Dr. Sundaram pointed out that 'Aid is not always the best solution because governments in the nations involved don’t always decide how it is used.' What these countries need is fiscal space to be able to tackle their problems. According to Dr. Chowdhury, 'these nations aren’t able to freely do this due to this due to the fiscal and debt crisis of the 1980’s.'
Professor May in South Africa compared the work to Dr.Banerjee and Dr.Duflo’s book 'Poor Economics' in that they both criticize the ineffective shortcuts to poverty reduction. However he stated that he found that 'Poor Poverty' offered more hope for the future if it’s suggestions are taken on board.
http://www.globalissues.org/news/2011/06/17/10133

Monday, 18 April 2011

MALNUTRITION: World Bank president, said food prices are at “a tipping point”,

Philip Aldrick 14 Apr 2011


Food prices have entered the ?danger zone?, threatening to condemn a generation to extreme poverty and malnutrition, the World Bank has warned.
The food problem has been exacerbated by weather problems in Russia, Ukraine, North America and China. Photo: Reuters

Robert Zoellick, World Bank president, said food prices are at “a tipping point”, having risen 36pc in the last year to levels close to their 2008 peak. The rising cost of food has been much more dramatic in low-income countries, pushing 44m people into poverty since June last year.

Another 10pc rise in food prices would push 10m into extreme poverty, defined as an effective income of less than $1.25 a day. Already, the world’s poor number 1.2bn.
Mr Zoellick said he saw no short term reversal in the damaging effect of food inflation, which is felt much more in the developing world as packaging and distribution accounts for a far larger proportion of the cost in the advanced economies.
Asked if he thought prices would remain high for a year, Mr Zoellick said: “The general trend lines are ones where we are in a danger zone… because prices have already gone up and stocks are relatively low.”
Rising prices have been driven by the changing diet of the ballooning middle classes in the emerging markets. “There is a demand change going on, with the higher incomes in developing countries. People will eat more meat products, for example, that will use more grain.
“I am not suggesting that the improved diets in the developing world are the source of the problem but it means it takes longer to rebuild the stocks when you get a supply [shock].
The problem has been exacerbated by “weather problems in Russia, Ukraine, North America, China”.

Making matters worse has been rising fuel prices, which go into fertilisers and energy.
However, he played down the impact of speculators on prices, saying only that “it can exacerbate some of the shifts”.
He also raised concerns about the food investment policies of some of the world’s wealthier nations in poorer countries. China has been buying up huge tracts of Africa to grow enough food to feed its growing middle class.
Using Saudi Arabia’s decision to scrap wheat production and invest overseas for food instead as an example, he said: “This raises sensitivities about the purchasing and investment and the land.
“We are now working with the Food and Agriculture Organisation on responsible principles for food investment – this has included sub-Saharan Africa, also some in central Asia – the idea that investment can
be helpful and create additional food production, but one needs to do it in a way that helps the local people and meets local needs.”

The World Bank is investing $7bn in improving agricultural production, from seeds to irrigation to sewage. One key area of research is in developing better seeds.


http://www.telegraph.co.uk/finance/economics/8451684/World-Bank-Food-prices-have-entered-the-danger-zone.html

Friday, 15 April 2011

POVERTY: Food prices: World Bank warns millions face poverty

14 April 2011
The World Bank has warned that rising food prices, driven partly by rising fuel costs, are pushing millions of people into extreme poverty.
World food prices are 36% above levels of a year ago, driven by problems in the Middle East and North Africa, and remain volatile, the bank said.
That has pushed 44 million people into poverty since last June.
A further 10% rise would push 10m more below the extreme poverty line of $1.25 (76p) a day, the bank said.
And it warned that a 30% cost hike in the price of staples could lead to 34 million more poor.

'Protect the poor'
The World Bank estimates there are about 1.2 billion people living on less than $1.25 a day.
"More poor people are suffering and more people could become poor because of high and volatile food prices," said World Bank president Robert Zoellick.

 Food price changes Q1 2010 to Q1 2011 : Source: World Bank Development Prospects Group
Maize: 74%; Wheat: 69%: Palm oil: 55%; Soybeans: 36%; Beef: 30%; Rice: -2%

"We have to put food first and protect the poor and vulnerable, who spend most of their money on food."
Mr Zoellick was speaking before IMF and World Bank spring meetings later this week.
The gatherings will be attended by finance ministers and central bankers including Chancellor of the Exchequer George Osborne, and Governor of the Bank of England, Mervyn King.

Nutrition
The World Bank says prices of basic commodities remain close to their 2008 peak, with the prices of wheat, maize and soya all rocketing.
The only exception is rice, which has fallen slightly in price in the past year.
The bank suggests a number of measures to help alleviate the impact of high food prices on the poor.
They include encouraging food-producing countries to ease export controls, and to divert production away from biofuels production when food prices exceed certain limits..
Other recommendations include targeting social assistance and nutritional programmes to the poorest, better weather forecasting, more investments in agriculture, the adoption of new technologies - such as rice fortification to make it more nutritious, and efforts to address climate change.
It also said financial measures were needed to prevent poor countries being subject to food price volatility.
http://www.bbc.co.uk/news/business-13086979

Wednesday, 30 March 2011

POVERTY: Greatest Reduction in World Poverty Ever in History: Isn't Free Trade Partly Responsible?

March 21, 2011

Ian Fletcher claims here that "Free Trade Isn't Helping World Poverty," and Don Boudreaux responds here. Here's some related research:

From a 2009 NBER working paper "Parametric Estimations of the World Distribution of Income," by Maxim Pinkovskiy and Xavier Sala-i-Martin (Columbia University):

Abstract: We use a parametric method to estimate the income distribution for 191 countries between 1970 and 2006. We estimate the World Distribution of Income and estimate poverty rates, poverty counts and various measures of income inequality and welfare. Using the official $1/day line, we estimate that world poverty rates have fallen by 80% from 0.268 in 1970 to 0.054 in 2006 (see chart above). The corresponding total number of poor has fallen from 403 million in 1970 to 152 million in 2006. Our estimates of the global poverty count in 2006 are much smaller than found by other researchers. We also find similar reductions in poverty if we use other poverty lines. We find that various measures of global inequality have declined substantially and measures of global welfare increased by somewhere between 128% and 145%. We analyze poverty in various regions.

MP: The bottom chart above shows poverty rates for the five regions analyzed in the paper, with some pretty amazing results for East Asia (includes mainland China, Taiwan and S. Korea), which in 1960 had the highest regional poverty rate in the world by far, at 58.8%, compared to 39.9% for Africa, 11.6% for Latin America, 8.4% for MENA (Middle East, N. Africa) and South Asia (20.1%). In the 36-year period between 1970 and 2006, the poverty rate in East Asia fell to only 1.7% by 2006, which was below any of the other four regions: Africa (31.8%), Latin America (3.1%), MENA (5.2%) and South Asia (2.6%).

Both graphs are based on a poverty measure of $1/day, but the authors obtain similar results using four other measures of poverty from $2 to $10 per day, both for the overall reduction in world poverty (top graph) and the regional differences (bottom graph).

Bottom Line: Assuming these estimates are accurate, the 80% reduction in poverty between 1970 and 2006 has to be the greatest reduction in world poverty in such a short time span in the history of the world, and the 97% reduction in East Asia has to be the most significant improvement in regional standard of living in history as well. The authors don't explore the reasons for the record reduction in world poverty, but some likely candidates might be: globalization, market-based reforms, liberalization, Information Age technology, productivity gains in agriculture, the collapse of central planning in China and India, etc.

http://mjperry.blogspot.com/2011/03/greatest-reduction-in-world-poverty-in.html