Key Indicators for Asia and the Pacific 2021

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Question : ADB has recently(August 2021) released the 52nd edition of “Key Indicators for Asia and the Pacific 2021”. Accordingly, which of the following statement is correct ?
Statements —
1 Number of people living in extreme poverty fell to 203 million in 2017
2 Prevalence of undernourishment decreased to 316 million in 2019
3 In 2019, Asia and the Pacific accounted for 35% of global GDP
Options —
a. Only 1.
b. Only 2.
c. Only 3.
d. All of the above
Ans. d.
Related facts —

  • ADB has recently(August 2021) released the 52nd edition of “Key Indicators for Asia and the Pacific 2021”.
  • Key Indicators for Asia and the Pacific 2021 presents a practical framework to measure the digital economy, rooted in input-output analysis and using readily available national accounts data.

Key points —

  • Across developing Asia, the number of people living in extreme poverty fell from 1.2 billion in 1999 to 203 million in 2017.
  • The prevalence of undernourishment decreased from more than 521 million people in 2001 to 316 million in 2019.
  • Among reporting economies, completion rates for primary education have increased by 8 to 11 percentage points, on average, since 2000.
  • The region’s impressive economic growth has contributed to these gains.
  • In 2019, Asia and the Pacific accounted for 35% of global gross domestic product (in current U.S. dollars)—exceeding the share of Europe and North America.
  • While progress before the pandemic varied across developing member economies, the pandemic has further widened these differences.
  • In more than one-third of reporting economies, unemployment rates increased by at least 20% in 2020, relative to estimates recorded a year earlier, and this contributed to Asia and the Pacific losing about 8% of working hours.
  • By the end of the year, three in every four reporting economies posted declines in GDP.
  • The pandemic has pushed about 75 million to 80 million people into extreme poverty, compared with a scenario without COVID-19.

Link:
https://www.adb.org
https://www.adb.org/sites/default/files/publication/720461/ki2021.pd