Answer:
There
has been substantial reduction in global poverty, but there are regional
disparities described below
(i) Poverty declined in China
and South-East Asian countries as a result of rapid economic growth and huge
investments in the development of human resources.
(ii) In Latin America and the Caribbean, the ratio of poverty remained
almost the same.
(iii) In Sub-Saharan Africa, poverty saw an upward trend due
to successive droughts. It rose from 41% in 1981 to 46% in 2001.
(iv) Poverty has again surfaced in some of the former socialist countries
like Russia, where formerly it was non-existent.
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