Winter 2008
The Coming Revolution in Africa
Let’s celebrate for a moment the great victory that’s being won over poverty in the developing world, where the share of the population living on less than $1 a day tumbled from 40% to 18% between 1981 and 2004. That remarkable achievement also serves to remind us how far there is to go from $1 a day, how many have been left behind, and how little billions of dollars in foreign aid from the United States and others have had to do with the progress that has occurred.