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The end of poverty: What globalization did that AID could not
Monday, May 30th, 2011
May 28, 2011
… we have just lived through the most dramatic decrease in global poverty in history. And the transformation has almost nothing to do with debt relief or higher aid flows. According to the Brookings report, Poverty in Numbers: The Changing State of Global Poverty from 2005 to 2015, we are living in a period of rapid global poverty reduction that is driven by high, sustained economic growth across the developing world.
Tags: economy, globalization, standard of living
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