Global poverty remains one of the most serious challenges in the world economy, despite significant economic progress in some regions. Millions of people still lack access to basic needs such as food, clean water, education, and healthcare. Economic development plays a key role in reducing poverty by creating jobs, increasing incomes, and improving living standards. Organizations like the World Bank focus on poverty reduction as a central goal of global economic development.
Reducing global poverty requires more than economic growth alone. Inclusive policies, investment in education and healthcare, and social protection systems are essential to ensure that growth benefits all segments of society. International cooperation and development assistance also help poorer countries build capacity and resilience. Addressing global poverty is crucial for achieving long-term economic stability and shared global prosperity. Shutdown123