Economic Growth is the Strongest Antidote to Poverty in Africa

African Content: Economic Growth is the Strongest Antidote to Poverty in Africa, says new World Bank study

Summary: Poverty rates in Sub-Saharan Africa have been steadily declining over the last 10 years or so, according to a new World Bank paper. Setting a new poverty line of US$1.25 a day to reflect improvements in internationally comparable price data, the report estimates that 1.4 billion people in the developing world lived below that threshold.

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