World poverty is rapidly dropping, Oxford University report says
Poor no more?
A new report from Oxford University’s poverty and human development initiative says some of the world’s most impoverished people are becoming significantly less poor.
The study also predicts that countries with the most poor, including Nepal, Rwanda and Bangladesh, could see acute poverty erased within 20 years if development continues at current rates, the Guardian reports.
Oxford University’s study uses a measure called the Multidimensional Poverty Index (MPI), which includes indicators such as years of schooling, water availability, nutrition and child mortality.