Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
According to popular wisdom, 2016 was a terrible year.More than 70 countries experienced a decline in freedom.To be sure, over the last two centuries or so, the gap between the highest and lowest incomes has grown.More than 90 percent of humanity lived in absolute poverty.As a result, last year, less than 10 percent of the world's population was living in absolute poverty. Furthermore, developing economies are now contributing to a burgeoning global middle class, whose numbers have more than doubled, from around 1 billion people in 1985 to 2.3 billion in 2015 . This tremendous reduction in poverty has sustained a decline in global income inequality over the last three decades.Since 1992, the number of hungry people worldwide has plummeted by more than 200 million, even as the human population grew by nearly 2 billion.Today, more than four out of five people can read, and young people have unprecedented access to schooling.According to research commissioned by my think tank, the Copenhagen Consensus Center, reviving the moribund Doha Development Round of global free-trade talks would lift the incomes of billions of people worldwide, while reducing the number of people in poverty by an astonishing 145 million in 15 years.
Keeping spotlight on challenge
Why gross domestic product still matters
It’s cheaper to talk than to cut emissions
FOLLOW THIS ARTICLE