Status of Rural Poverty
Despite improvements over the past 10 years that have lifted more than 350 million rural people out of extreme poverty, global poverty remains a massive and predominantly rural phenomenon – with 70 per cent of the developing world’s 1.4 billion extremely poor people living in rural areas. IFAD’s newly released Rural Poverty Report 2011 says that, during the past decade, the overall rate of extreme poverty in rural areas of developing countries has dropped from 48 per cent to 34 per cent, led by dramatic gains in East Asia. But the report also points to the persistence of poverty in rural areas of Sub-Saharan Africa and South Asia.
Read more about this topic: International Fund For Agricultural Development
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