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 | | |  |  | Halve, between 1990 and 2015, the proportion of people whose income is less than $1 a day |  | Achieve full and productive employment and decent work for all, including women and young people |  | Halve, between 1990 and 2015, the proportion of people who suffer from hunger |
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| Most recent global poverty projections anticipate that the proportion of people living in extreme poverty on less than $1 a day will fall from 29 percent in 1990 to 10 percent in 2015. Recently estimated purchasing parities for 2005 will inevitably affect calculation of poverty levels in developing countries but are not expected to change them significantly. Although extreme poverty has been reduced substantially since 1990, trends vary among the regions, with Sub-Saharan Africa lagging far behind the other regions in attaining MDG 1. |
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Extreme poverty is defined as the proportion of individuals in developing countries who live on less than $1 a day (based on purchasing power parity 1993 constant prices). Poverty estimates are computed based on data covering 93 percent of developing countries’ population. MDG 1 Figure 1 shows that all regions except Sub-Saharan Africa are on track to halve that proportion between 1990 and 2015. On current trends, this region will reduce poverty by only 33 percent between 1990 and 2015. In 1990 South Asia had the second-highest proportion of people living on less than $1 a day (43 percent) but has made substantial progress in reducing poverty and on current trends may surpass the target in 2015. Most of the progress in this region can be attributed to India’s rapid growth over the past decade. |



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| Consumption data reveal the inequality that exists between the richest and poorest population quintiles in different regions. Individual countries’ income distribution data are aggregated to create regional income distribution data, so both inter- and intra-country inequality can be assessed. The data use purchasing power parities based on 2005 prices and cover 93 percent of developing countries’ total population. |
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Vulnerable employment is the sum of contributing family workers and own-account workers as a percentage of total employment. Data available at two points in time between 1990 and 2005 for 34 low- and middle-income countries highlight the diversity of patterns. Some countries witnessed a decline in vulnerable employment over time, while others experienced substantial increases. Countries that have faced severe shocks, such as financial crises in East Asia and the Pacific or Latin America and the Caribbean, over the period can be found in both groups. Transition economies can also be found in both groups. | | Photo credit: Alejandro Lipszyc |
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