01. Republic of the Congo
02. Republic of Liberia
03. Republic of Zimbabwe
04. The Solomon Islands
05. Republic of Somalia
06. Union of the Comoros
07. Guinea-Bissau
08. Central African Republic
09. Niger
10. Ethiopia
02. Republic of Liberia
03. Republic of Zimbabwe
04. The Solomon Islands
05. Republic of Somalia
06. Union of the Comoros
07. Guinea-Bissau
08. Central African Republic
09. Niger
10. Ethiopia
The level of economy in countries around the globe is not even. It is somewhere very high and somewhere very low. GDP, literacy rate and employment rate are several parameters of a country to determine the level of its economy. According to a report of the United Nations, hunger causes the death of about 25,000 people everyday. Unfortunately, the number of children is greater than that of adults. Consider several facts of income disparity between rich and poor nations to measure the cleavage between the haves and the haves not. The combined income of the world’s richest individuals leaves far behind that of the poorest 416 million. 982 million out of 4.8 billion people in the developing world live on $1 a day. Another 2.5 billion live on below $2 a day. 40% of the poorest population made up 5% of world income while 20% of the richest population made up 75% of global income in 2005.
A country with a GDP per capita of $765 dollars or less is defined as a low-income or poor country. You may wonder why poor countries remain poor. Some interrelated factors like geography, industrialization, colonialism, education, resources, infrastructure, overpopulation, investment, government and debt make poor countries remain the heavy foot of poverty.
A country with a GDP per capita of $765 dollars or less is defined as a low-income or poor country. You may wonder why poor countries remain poor. Some interrelated factors like geography, industrialization, colonialism, education, resources, infrastructure, overpopulation, investment, government and debt make poor countries remain the heavy foot of poverty.
