Sunday, May 11, 2014

#5 Africa's poverty

Africa's Poverty 


Unlike America, Africa's poverty level is on a decrease. As a whole, they have made it their top priority to reduce poverty. In 1990 47% of people were under the poverty line. In 2008 only 40% of people were considered under the poverty line. If this number keeps decreasing like it did from 1990-2010 then pretty soon Africa may not be considered a third world country again. 

Africa's poverty rates have decreased because of economic growth.


"The African content sustained high level of economic growth averaging slightly more than 5% of annual GDP growth over the period 2001-2010. Moreover, through this period, Africa's average population growth rate of about 2.5% was significantly below the average economic growth rate. Hence, the sustained economic growth recorded by most African countries over the past decade has played a role in poverty reduction" 


"African Development Bank - Building Today, a Better Africa Tomorrow."African Development Bank - Building Today, a Better Africa Tomorrow. N.p., n.d. Web. 09 May

2014.

"Rural Poverty Portal." Rural Poverty Portal. N.p., n.d. Web. 10 May 2014.

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