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Poverty reduction

More than a third of the world lived in extreme poverty 30 years ago. Today, less than 10% of people live on $1.90 a day or less (PPP). Between 2000 and 2015, 15 countries lifted

802.1 million people out of extreme poverty, according to a new analysis of World Bank poverty data. Half of the world’s 736 million extremely poor people lived in just 5 countries in 2015: India, Nigeria, Democratic Republic of Congo, Ethiopia, and Bangladesh, according to the most recent data available.

Question: With reference to examples of specific countries, assess two policies that might be effective in achieving a reduction in extreme poverty.

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