What exactly does it mean to live on $2 per day? And how does that compare with the notion of poverty in richer countries?
As a whole, Latin America enjoyed solid economic growth in the first decade of this century, with a fall in poverty, a decrease in income inequality and a rise of its middle class.
China and India both succeeded in slashing poverty from 2001 to 2011. But while that contributed to a rapidly growing middle class in China, it did little to increase the number of Indians who could be considered middle income.
During the first decade of this century, the world experienced a dramatic drop in the number of people living in poverty and a significant rise in the number who could be considered middle income, but the majority of the global population remains low income.
Pope Francis begins a highly anticipated seven-day South American trip on Sunday that includes stops in Ecuador, Bolivia and Paraguay. As millions of faithful Catholics prepare to welcome Pope Francis next week, here are key facts about his trip.
Income segregation has increased over the past 30 years in 27 of the 30 largest U.S. metro areas. There were clear divisions between low-income and middle- and upper-income areas, as well as along racial lines.
In asking people in 44 countries which of these they owned, we found notable differences between economically advanced nations, emerging markets and developing countries.
Survey Report The public makes sharp distinctions about which groups have benefited – and which have not – from the economic policies the government has put in place since the start of the recession. Majorities say that large banks, large corporations and the wealthy have been helped a great deal or a fair amount by […]
Trends in public opinion are in line with Obama’s agenda: The priority given to deficit reduction has slipped somewhat, while public support for rebuilding the nation’s infrastructure has increased.
The share of Americans who live in middle-income households has held steady since 2010 – a flat trend that might actually be good news.