Poverty remains widespread around the world, with 1.4 billion people living in poverty in 2005, most of whom live in Asia. Alleviating poverty and reducing economic inequality should be at the core of all development policies. However, developing countries face greater constraints in their ability to assist the poor due to differences in income distribution.
Poverty remains widespread around the world, with 1.4 billion people living in poverty in 2005, most of whom live in Asia. Alleviating poverty and reducing economic inequality should be at the core of all development policies. However, developing countries face greater constraints in their ability to assist the poor due to differences in income distribution.
Poverty remains widespread around the world, with 1.4 billion people living in poverty in 2005, most of whom live in Asia. Alleviating poverty and reducing economic inequality should be at the core of all development policies. However, developing countries face greater constraints in their ability to assist the poor due to differences in income distribution.
Poverty remains widespread around the world, with 1.4 billion people living in poverty in 2005, most of whom live in Asia. Alleviating poverty and reducing economic inequality should be at the core of all development policies. However, developing countries face greater constraints in their ability to assist the poor due to differences in income distribution.
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Chapter 10:
Poverty and Income
Distribution Roble, Jeramiah C. S a m e o n , M a r y J o y P. INTRODUCTION
• Despite sustained economic growth in many developing
countries, poverty remains widespread. • In 2005, 25 percent, or about 1.4 billion people around the world lived in poverty. Asia is host to a vast majority of world’s poor • Asia is host to vast majority of the world’s poor.- 911 million people who struggle to meet their basic needs. 10.1.1 THE VICIOUS CIRCLE OF POVERTY AND INEQUALITY
• Alleviation of poverty and minimization of economic
inequality is at the core of all development policies.
• The impact of such differences is more marked in
developing countries where the government faces greater constraints in its ability to provide much needed assistance to improve the lot of their poor citizen.