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Brazil: Extreme poverty is halved

Edson Lima [pt] comments on a good piece of news: “Brazil has accomplished, ten years before the deadline set by the UN, the target of halving the percentage of the population that live in extreme poverty”. According to a report by the Institute of Applied Economic Research (IPEA), beteween 1990 and 2005 the country managed to reduce the proportion of the population that earned less than US$ 1 a day (in purchasing power parity) by 52%.

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