I suggest a look at the recent economic development of Bangladesh, if you want something less abstract to illustrate the point that the reduction in poverty is very noticeable.
You would think that a great reduction in extreme poverty would give people pause, but it is almost always barely acknowledged. The strange conclusion is that people who tell you they care the most about poverty do not actually care about it in the slightest. It is just a vehicle for their resentment.
My last impression of Bangladesh was the fire accord stuff, i.e. build emergency exits and get garment factory owners to stop locking their workers inside since they keep going up in flames.
Maybe they've grown. Is Bangladesh at the stage where they outsource labour to other countries yet?
Bangladesh's Human Development Index (HDI) has shown a consistent upward trend, reaching 0.685 in the 2023/2024 report, ranking 130th out of 193 countries. It remains in the "Medium Human Development" category, marking a 72.5% increase in HDI value since 1990 due to significant improvements in life expectancy, education, and GNI per capita.
You would think that a great reduction in extreme poverty would give people pause, but it is almost always barely acknowledged. The strange conclusion is that people who tell you they care the most about poverty do not actually care about it in the slightest. It is just a vehicle for their resentment.