Eradicate extreme poverty and hunger

Robust growth in the first half of the decade reduced the number of people in developing countries living on less than $1.25 a day from about 1.8 billion in 1990 to 1.4 billion in 2005. At the same time, the corresponding poverty rate dropped from 46 per cent to 27 per cent. The economic and financial crisis that began in the advanced countries of North America and Europe in 2008 sparked declines in commodity prices, trade and investment, resulting in slower growth globally.

Related Subject(s): Economic and Social Development