World Poverty Down: Except in Africa

the big question: Why does Africa lag behind Asia?

from SmartPlanet:

Perry adds that while the authors don’t explore the reasons for the record reduction in world poverty, much of this lifting of global growth can be attributed to globalization, market-based reforms, liberalization, Information Age technology, productivity gains in agriculture, and the collapse of central planning in China and India.”

The opportunities generated by the global economy are now reaching into every corner of the world. It’s smart business to recognize that both robust producer and consumer markets now exist across much of the world, and information technology brings these markets as close as if they were next door.....