Fund For Peace just released the Failed State Index (FSI) 2013. The FSI measures the level of risk in each country using a series of risk indicators such as mounting demographic pressures, massive movement of refugees, uneven economic development, poverty, legitimacy of the state, progressive deterioration of human services, violation of human rights, violation of the rule of law, security apparatus, intervention of external actors, etc. The FSI is calculated for a total of 178 countries.
Nations ranking at the top for failed states (red) include Somalia, Congo, Sudan, and South Sudan. Unfortunately, most of the world’s nations seem to be under a warning (orange) for failed states, from Africa to Asia to Latin America.
MIT economists Abhijit V. Banerjee and Esther Duflo, conducted surveys in developing nations to see which countries survive on a few dollars per day. The cities or countries where people are known to live on meager dollar amounts on a daily bases are not that surprising, but the percentage of the population living under these conditions is.
In Udaipur and Hyderabad (India) a staggering 94% of the population survive on $2 or less per day. In Bangladesh, 69.4% go on $2 or less per day. In Ghana, 67.7% survive on $2 or less per day. In Guatemala, 64.8% of the population survive on $2 or less per day.
According to data just released by the U.S. Census Bureau, 15% of the population lives in poverty, that is 46.2 million of people. Those numbers are not statistically different from the 2010 estimates. In 2011 the poverty threshold for a family of four was $23,021.
The poverty rate for males decreased between 2010 and 2011 to 13.6%, and remained the same for females at 16.3%. The poverty rate for Hispanics declined between 2010 and 2011. By age, the group with the highest poverty rate was that of children under 18 at a rate of 21.9%. By region, the only region to show a significant change was the South with a decline in the poverty rate from 16.8% to 16.0%. Read more…