Tuesday, August 28, 2012

Economy - Voice of America: Where Do the World’s Poor Live?

Economy - Voice of America
economy-and-business
Where Do the World's Poor Live?
Aug 28th 2012, 11:33

Most of the world's poor do not live in poor countries. New research says nearly 80 percent are actually in middle income countries. Two billion poor people – those who live on two dollars a day or less – live in middle income countries. That compares to 500 million in low income countries. The study was led by Andy Sumner, research fellow at the Institute of Development Studies at the University of Sussex. "Many countries over the last decade, in particular, have gotten much better off in ...

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