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POOR GETTING POORER: UN
POOR GETTING POORER: UN26.8.2005. 13:52:02
continue reading - SBS News: http://www9.sbs.com.au/theworldnews/region.php?id=119095®ion=5A United Nations report has found that rich nations are getting richer and poor nations poorer as the organisation's food program warned of another famine in Ethiopia.
The BBC says the latest report on the world's social situation argues that while living standards have improved in some places, poverty remains entrenched.
The report warns that focusing only on economic growth is an ineffective way of achieving development.
It says globalisation is benefitting wealthy nations while poorer countries continue to suffer economic hardships.
The UN report, drawn up by the UN's Economic and Social Affairs Department, found that the gap between rich and poor is now wider than it was a decade ago, and called for immediate action.
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It highlights the growing gap by revealing that it is virtually impossible for the 2.8 billion people living on less than US$2 a day to ever match the consumption levels of the rich.
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