Two-thirds of the world’s poorest people live in just five countries, according to a new World Bank study.

Poverty is on the decline globally and those who are subsisting on less than $1.25 a day are concentrated ... -- India, China, Nigeria, Bangladesh and the Democratic Republic of Congo.

Eighteen percent of the world’s population was living in extreme poverty in 2010, down from 36 percent in 1990, according to the World Bank study, which was released on April 10 in conjunction with the group's annual spring conference.

The World Bank has a set a goal of reducing extreme poverty to 9 percent by 2020 -- which will require more than just economic growth, the group said. The study impressed the need to develop policies that allocate more direct resources to people living in extreme poverty.

www.huffingtonpost.com/2014/04/17/where-poorest-people-live_n_51684...