The global poverty rate is falling and falling, but is this really a merit of the market economy? It’s not quite that simple, suggest the data of two scientists.
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Jacob Wetzel
The fight against poverty looks like a success story. In recent years, the proportion of people living in extreme poverty has fallen massively. in 1820, as the former chief economist of the World Bank François Bourguignon and Christian Morrisson, According to department heads at the Organization for Economic Cooperation and Development, the OECD, 94.4 percent of all people worldwide still live in poverty, 83.9 percent even in extreme poverty.