The New Bottom Billion - ‘Where do the poor live?’
New IDS research shows that the global poverty ‘problem’ is changing. There is a new ‘bottom billion’ of 960m poor people or 72 per cent of the world’s poor who live not in poor countries but in middle-income countries (MICs). This is a dramatic change from just two decades ago, when 93 per cent of poor people lived in low-income countries (LICs).
A big, big thank you to Western hegemony.
A graphic look at population and economics.