World Bank raises alarm over rising poverty in Africa, Asia

A new World Bank report says living conditions are worsening for half of the world’s poorest countries with poverty levels growing in what it calls “a historical reversal of development.” It said most of these countries are in Sub-Saharan Africa, East Asia, Latin America, and the Caribbean with per capita incomes of less than $1,315 a year. Danny Leipziger, a Professor of International Business at the George Washington University and former Vice President for Poverty Reduction and Economic Management at the World Bank, tells VOA’s Chinedu Offor, the prospects for growth in these countries are not positive