16 Countries with the Lowest Poverty Rates in the World in 2017

“Poverty has always been an issue, regardless of the given historical and social context. It is just a matter of fact. At any given point in time, you could distinguish between different classes of society. Some have it better than others. It is not just a matter of pure luck, of being born to a right family and in the right place but it is also a matter of human nature. The issue of poverty is not unsolvable. There is an old saying in my home country which says that the problem is not to feed the poor, but to feed the rich. No wonder the saying dates back in time as its message is pretty much universal. Greed is inherent to the human nature. Perhaps that is more visible now than ever before, as the current setup makes it possible for one group of people to completely dominate over another. That is why there are such huge disparities in wealth worldwide.”

I bet that many of us would wish to live in one of the countries with the lowest poverty rates in the world in 2017. I mean, chances are that if these countries had lowest poverty rates last year, they are on their way to eliminating poverty this year or in the near future. Insider Monkey’s article on 16 countries with the lowest poverty rates in the world in 2017 is certainly something worth reading if you are thinking about moving to a country which takes proper care of its nationals. After all, low poverty rate suggests precisely that good quality of life is government’s priority. To rank countries, the author uses the values of Multidimensional Poverty Index and Human Development Index. Countries with the lowest poverty rates are also the richest and the most advanced in the world, so there are two more reasons for you to start packing. In case your place of residence is in one of the countries on the list, I have to say, you have a lot to be thankful for.

 

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