A 2015 World Bank report on the achievement of Millennium Development Goals (MDGs) revealed that since the 1990s …, extreme poverty has been decreasing in all regions of the world with the exception of Africa where about 50 percent of … countries in Sub-Saharan Africa did not achieve the MDG extreme poverty target despite the sub-region enjoying more than two …

development increases and Africa may not catch-up with the developed world. As an ideal solution, Piketty has proposed progressive …An April 2015 World Bank report on the Millennium Development Goal poverty target has revealed that extreme poverty has … been decreasing in all regions of the world with the exception of Africa. This study extends the implications of Thomas …