Analyzing Poverty Rates: Trends, Causes, and Solutions for a Sustainable Future

Introduction

Poverty remains one of the most pressing challenges facing the global community, affecting billions of individuals and families. This paper aims to analyze poverty rates, examining the trends over recent decades, the underlying causes driving these rates, and potential solutions for achieving a sustainable future. The purpose of this report is to provide an in-depth understanding of poverty, enabling policymakers, researchers, and stakeholders to develop effective strategies to alleviate poverty and promote economic stability.

Trends in Poverty Rates

Over the past few decades, poverty rates have exhibited significant fluctuations, influenced by various economic, political, and social factors. According to the World Bank, global extreme poverty rates, defined as living on less than $1.90 a day, have declined from 1.9 billion in 1990 to around 689 million in 2017. However, this trend masks regional disparities; while East A