it's estimated that somebody escapes extreme poverty every 1.2 seconds [Music] according to the World Bank anyone on less than $1 90 per day is living in extreme poverty unable to afford basic food clothing health care and shelter absolute poverty rates have fallen faster in the past 30 years than in any other time on record this is a remarkable achievement but the task of taking people out of the worst poverty remains a huge challenge the impressive fall is the result of changes in just two countries China and India in the 1980s the majority of people in both of these countries were living in extreme poverty but now the share of the poorest has fallen to 21% in India and less than 2% in China [Music] increased productivity in farms and a mass migration from poor rural areas to the booming cities enabled many Chinese and Indian people to better their lives [Music] Asia is moving into a new phase but can other parts of the world copy their model of moving people to factory jobs in cities today more than half the world's poorest people live in sub-saharan Africa the percentage of the African population living in extreme poverty fell from 54% in 1990 to 41% in 2013 but in that same time period the population of sub-saharan Africa boomed meaning the total number of poor people rose from 276 million to almost 400 million the population of sub-saharan Africa is predicted to reach 2 billion by 2050 and a large percentage of those people are likely to be extremely poor and unlike Asia a transformation of this region is unlikely to happen soon sub-saharan Africa is urbanizing faster than any other place on earth but moving into the cities is not providing the same ladder out of poverty as it did in Asia a lack of infrastructure of public transport and essential services in many African cities prevents poor people from finding jobs and getting an education the rapidly growing population only makes matters worse by putting further strain on resources millions of poor people in sub-saharan Africa live far below the World Bank's threshold of $1 90 per day that means it'll be harder to pull them out of extreme poverty you [Music]