Bookmark and Share

 

Global Poverty Doubled since 1970s: UN

By Agence France-Presse

November 26, 2010 "
AFP" - -GENEVA — The number of very poor countries has doubled in the last 30 to 40 years, while the number of people living in extreme poverty has also grown two-fold, a UN think-tank warned Thursday.

In its annual report on the 49 least developed countries (LDCs) in the world, the UN Conference on Trade and Development (UNCTAD) said that the model of development that has prevailed to date for these countries has failed and should be re-assessed.

"The traditional models that have been applied to LDCs that tend to move the LDCs in the direction of trade-related growth seem not to have done very well," said Supachai Panitchpakdi, secretary general of UNCTAD.

"What happened is that in the past 30-40 years, the number of LDCs have doubled so it has actually deteriorated, the number of people living under the poverty line has doubled from the 1980s."

The report indicated that the situation has sharply deteriorated in the past few years.

GENEVA — The number of very poor countries has doubled in the last 30 to 40 years, while the number of people living in extreme poverty has also grown two-fold, a UN think-tank warned Thursday.

In its annual report on the 49 least developed countries (LDCs) in the world, the UN Conference on Trade and Development (UNCTAD) said that the model of development that has prevailed to date for these countries has failed and should be re-assessed.

"The traditional models that have been applied to LDCs that tend to move the LDCs in the direction of trade-related growth seem not to have done very well," said Supachai Panitchpakdi, secretary general of UNCTAD.

"What happened is that in the past 30-40 years, the number of LDCs have doubled so it has actually deteriorated, the number of people living under the poverty line has doubled from the 1980s."

The report indicated that the situation has sharply deteriorated in the past few years.

   
 

 

Click on "comments" below to read or post comments

 

Click here to learn how to post a comment .Comments that include profanity or personal attacks or other inappropriate material will be removed from the site. See our complete Comment Policy.

 

| More

   

Email Newsletter icon, E-mail Newsletter icon, Email List icon, E-mail List icon

 Sign up for our Daily Email Newsletter

 Please help  Support   Information Clearing House

One-Time Donation
 
$
Recurring Monthly Donation
 
$
Thank you for your support

 

In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. Information Clearing House has no affiliation whatsoever with the originator of this article nor is Information ClearingHouse endorsed or sponsored by the originator.)

 

 

Search Information Clearing House

HOME

COPYRIGHT NOTICE