POVERTY ENDING PROGRESS: Between 1990 and 2010 the number (of the - TopicsExpress

POVERTY ENDING PROGRESS: Between 1990 and 2010 the number (of the 7 billion of us worldwide) in "extreme poverty" (living on less than $1.25 per day) has fallen from 43% to 21%. The USA poverty line is $63/day for a family of four. Most of the credit for the improvement goes to capitalism and free trade. China is responsible for 3/4 of the achievement - from 84% in 1980 to 10% now. (The Economist Mag.)

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