Report on the economic of eastern Africa,2004(1) : challenges in reducing poverty and achieving the millenium development goals
Author(s)/Corporate Author (s)United Nations. Economic Commission for Africa;
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This paper examines some important progress was achieved in the world towards poverty reduction. Across continents, countries were able to substantially reverse poverty and establish conditions for sustainable and equitable growth. The Eastern Asia region was the most successful with an average GDP growth of 6% per year, and poverty levels were significantly reduced, dropping from 27.6% to 14.2% between 1990 and 1999. Other regions of the world also achieved significant progress. However, in Sub-Saharan Africa, possibilities to realize the MDG by 2015 are uncertain. As a result of poor performances in Sub-Saharan Africa in the ten last years, 300 million people – about 50% of the total population of the sub-region - still live below the poverty line, and this proportion is likely to increase in the future, if vigorous actions are not taken to reverse the current trend.