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World poverty is falling faster than expected
"From 1970 to 2006, poverty fell by 86% in South Asia, 73% in Latin America, 39% in the Middle East, and 20% in Africa." And: because world inequality fell, welfare measured for the world as a whole grew even faster than world GDP did, and more than doubled over the period 1970-2006.


last timestamped: 02:50:14 28-Jan-2010
in categories:Commerce/Macroeconomics, Commerce/InternationalDevelopment

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