Top 10 Poorest Countries in the World

2016-09-16 23

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1) Zambia - http://en.wikipedia.org/wiki/Zambia
2) Gaza Strip - http://en.wikipedia.org/wiki/Gaza_Strip
3) Zimbabwe - http://en.wikipedia.org/wiki/Zimbabwe
4) Chad - http://en.wikipedia.org/wiki/Chad
5) Moldova - http://en.wikipedia.org/wiki/Moldova
6) Haiti - http://en.wikipedia.org/wiki/Haiti
7) Liberia - http://en.wikipedia.org/wiki/Liberia
8) Guatemala - http://en.wikipedia.org/wiki/Guatemala
9) Suriname - http://en.wikipedia.org/wiki/Suriname
10) Angola - http://en.wikipedia.org/wiki/Angola

Source:
http://www.whichcountry.co/the-10-poorest-countries-in-the-world/

"Poverty" defined as an economic condition of lacking both money and basic necessities needed to successfully live, such as food, water, education, healthcare, and shelter. There are many working definitions of "poverty," with considerable debate on how to best define the term.

Lack of income security, economic stability and the predictability of one's continued means to meet basic needs all serve as absolute indicators of poverty. Poverty may therefore also be defined as the economic condition of lacking predictable and stable means of meeting basic life needs.

The first table refers to the lists of countries by the percentage of their population with an income of less than 1.25, and less than 2, US dollars per day. The sourced data refers to the most recent year available during the period 1992-2011.

The second table lists countries by the percentage of the population living below the national poverty line — the poverty line deemed appropriate for a country by its authorities. National estimates are based on population-weighted subgroup estimates from household surveys.

Definitions of the poverty line do vary considerably among nations. For example, rich nations generally employ more generous standards of poverty than poor nations. Even among rich nations, the standards differ greatly. Thus, the numbers are not comparable among countries. Even when nations do use the same method, some issues may remain.

Poverty is general scarcity or dearth, or the state of one who lacks a certain amount of material possessions or money.[1] Absolute poverty or destitution refers to the deprivation of basic human needs, which commonly includes food, water, sanitation, clothing, shelter, health care and education. Relative poverty is defined contextually as economic inequality in the location or society in which people live.

After the industrial revolution, mass production in factories made production goods increasingly less expensive and more accessible. Of more importance is the modernization of agriculture, such as fertilizers, to provide enough yield to feed the population. The supply of basic needs can be restricted by constraints on government services such as corruption, tax avoidance, debt and loan conditionalities and by the brain drain of health care and educational professionals. Strategies of increasing income to make basic needs more affordable typically include welfare, economic freedoms, and providing financial services.

Poverty reduction is a major goal and issue for many international organizations such as the United Nations and the World Bank. The World Bank estimated 1.29 billion people were living in absolute poverty in 2008. Of these, about 400 million people in absolute poverty lived in India and 173 million people in China. In terms of percentage of regional populations, sub-Saharan Africa at 47% had the highest incidence rate of absolute poverty in 2008. Between 1990 and 2010, about 663 million people moved above the absolute poverty level. Still, extreme poverty is a global challenge; it is observed in all parts of the world, including developed economies. UNICEF estimates half the worlds children (or 1.1 billion) live in poverty.

United Nations: Fundamentally, poverty is the inability of getting choices and opportunities, a violation of human dignity. It means lack of basic capacity to participate effectively in society. It means not having enough to feed and clothe a family, not having a school or clinic to go to, not having the land on which to grow one's food or a job to earn one's living, not having access to