Economy of The Maldives - Poverty, Income and Gender Inequality

Poverty, Income and Gender Inequality

Maldives has successfully achieved their Millennium Development Goal (MDG) of halving the proportion of people living under the poverty line to a mere 1% as of 2011. Starvation is non-existent, HIV rates have fallen and malaria has been eradicated. Despite these accomplishments and progressive economic growth, developmental issues remain. In particular, the country needs to address income and gender disparities. Development in Maldives has occurred predominantly in the capital Male’; islands outside the capital continue to encounter high poverty vulnerability, lower per-capita income, lower employment and limited access to social services. A country-wide household income survey in 1997-1998 showed that the average income in the capital Male’ was 75% higher than in surrounding islands. Maldives’s Gini co-efficient stands at 0.41 and 0.3 million Maldivians continue to live on less than $1 a day.

Read more about this topic:  Economy Of The Maldives

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