Global poverty has dropped like a rock and prosperity is growing (especially in Asia). Yesterday's post was taken from an article published in 2011 and, as the article predicted, global poverty has continued to decline.
photo: http://www.worldbank.org/en/topic/health/brief/poverty-health
"Almost unnoticed, the world has reduced poverty, increased incomes, and improved health more than at any time in history. " When economic growth takes a society out of dire poverty, more children live to become adults and those children are more likely to get an education according to the Organization for Economic Co-operation & Development (OECD).
As an example, research in India has shown that "a 10 per cent increase in GDP is associated with a reduction in infant mortality of between five and seven per cent."
"Historically nothing has worked better than economic growth in enabling societies to improve the life chances of their members, including those at the very bottom" (Dani Rodrik, Harvard University).
(cont'd tomorrow)
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