Is poverty a problem in South Asia?
South Asia accounted for 29% of people living in extreme poverty worldwide (216 million extremely poor in South Asia out of an estimated 736 million extremely poor worldwide). Four out of five extremely poor people in the South Asia region lived in India.
How does poverty affect people in Asia?
In addition to the economic inequality experienced by the poor in Asia, access to health care, sanitation, proper nutrition and education is also inadequate.
Which country in South Asia has the highest poverty rate?
The poorest countries in South Asia
Why is South Asia overpopulated?
Southeast Asia follows with over a quarter of the urban population living in overcrowded housing. Asia's developing cities are focused on building highways and skyscrapers, which do not leave enough living space and contribute to overcrowding on the continent.
The primary cause of poverty in Asia is the deterioration of rural areas, where 80-90 percent of the total population lives. Small farmers and those living in the countryside tend to have more family members, suffer from a lack of employment and very little education.
What is the poverty line in Asia?
Based on the US$3.20 poverty line, Asia's poverty rate fell from 73.6% in 1965 to less than 10% in 2014. Using the US$1.90 lower poverty line, the poverty rate fell from 48.5% to 2.6% in this period.
How many children live in poverty in South Asia?
Of the 689 million children living in absolute poverty around the world, almost half live in South Asia. A major obstacle to lifting children out of poverty in South Asia is an extreme gender gap.
What is the risk profile of the South Asian economies?
While the South Asian economies showed strong GDP growth in recent years, growth in 2019 ended up being lower than expected. The risk profile for most South Asian nations is considered low as they import commodities and their growth is expected to be driven by domestic demand.
How is South Asia doing in terms of growth?
Over the past few years, South Asia has sustained a period of robust growth that has uplifted many living in poverty and made remarkable progress in health and education.
Why is there a water crisis in South Asia?
The closed data environment for water and climate information in the region has compromised the ability of governments to make informed decisions about the planning, management and development of what are essentially shared river basins.
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