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10% was 7 years ago in 2015 and 36% isn't the only estimate, there's another one for 44% at the same time IIRC > It's highly unlikely that extreme poverty redu
by toolz 5y ago
10% was 7 years ago in 2015 and 36% isn't the only estimate, there's another one for 44% at the same time IIRC
> It's highly unlikely that extreme poverty reduction is caused by the spread of internet.
what do you suggest happened 30-40 years ago that triggered this massive spread of wealth, then?
- manuelabeledo 5y ago> what do you suggest happened 30-40 years ago that triggered this massive spread of wealth, then? It doesn't really matter what I suggest. Correlation does not imply causation. But for instance, in China there were 700 million of people living in extreme poverty in 1990, and that number went down to 200 million in 2008, and 7 million in 2016 [1]. Regardless, internet penetration rate in China was 23% in 2008, and 53% in 2016 [2]. From the article in [1], it is easy to deduce that most advancements in extreme poverty eradication come from similar contexts, countries with larger populations that have experienced accelerated growth in the past decades, mostly because of manufacture and exports, e.g. India, Vietnam, or Brazil. [1] https://www.bbc.com/news/56213271 https://www.bbc.com/news/56213271 [2] https://www.statista.com/statistics/236963/penetration-rate-of-internet-users-in-china/ https://www.statista.com/statistics/236963/penetration-rate-...
- ClumsyPilot 5y ago"what do you suggest happened 30-40 years ago that triggered this massive spread of wealth, then?" Look at GDP or poverty rate of any country, there is no 'bump' or infection point the year or even the decade internet was invented. You know what did create a bump? Decolonisation. Conclusion: nothing happened, extreme poverty was receding for decades prior, and it's just the same trend continuing.