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December 21, 2011

World Bank Projects 883 million living on less than $1.25 a day in 2015 which is a big improvement from 1.4 billion in 2005

WorldBank - The number of people living on less than $1.25 (PPP 2005) a day is projected to be 883 million in 2015, compared with 1.4 billion in 2005 and 1.8 billion in 1990. Much of this progress reflects rapid growth in China and India, while many African countries are lagging behind: 17 countries are far from halving extreme poverty, even as the aggregate goals will be reached.

Some anti-poverty and children under 5 death reduction factors -
Each year of a mothers education reduces by 10% the chance of her children dying before the age of 5.

884 million people lack safe drinking water. 80% in rural areas

Access to clean sanitation goals appear out of reach for 2015.


Other have analyzed the poverty and have an even better picture where there will be fewer than 600 million living on less than $1.25 per day in 2015. In 2009, there were World Bank projections that there would be 1 billion living on less than $1.25 per day in 2015 and 800 million in 2020. Therefore, poverty statistics are catching up to the reality of an improved situation.




The projections put annual global growth at about 4.5 percent in 2011 and 2012 and have decent growth through 2014




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