There is good news on global poverty
Rapid economic growth is still the most effective antidote to mass poverty
The World Bank has released new estimates that show that fewer than one in 10 people are now living in extreme poverty. That is an important achievement considering the fact that more than one in three were living on the edge of desperation in 1990. In other words, more than 1.2 billion people have risen above the global poverty line over the past 25 years. This is the first time in human history that the worst type of poverty looks under control in most parts of the world, except for some parts of Africa. The world seems to be on course to ending extreme poverty by 2030.