Previous Page  9 / 62 Next Page
Show Menu
Previous Page 9 / 62 Next Page
Page Background

COMCEC Poverty Outlook 2019



The Standing Committee for Economic and Commercial Cooperation of the Organization of

Islamic Cooperation (COMCEC) has been working to enhance trade and economic cooperation

among the Member Countries since 1984. Poverty alleviation occupies a significant place in the

agenda of the COMCEC. Indeed, it is one of the six cooperation areas of the COMCEC Strategy

adopted in 2012. Within this context, Poverty Alleviation Working Group has been established.

The Working Group regularly convenes since 2013.

Poverty alleviation is an important component of economic and social development. Although

most of the developing countries have experienced significant progress in poverty alleviation in

recent years, poverty levels are still high in many countries. Especially, the countries in Sub-

Saharan Africa and Asia account for nearly half of the total poor living in developing countries.

The global financial crises and food shortages that have been encountered in the recent period

have also worsened this situation.

Although the total population of the OIC Member Countries accounts for nearly one-fourth of the

world’s total population, their total GDP accounted for only 8.09percent of the total world GDP

in 2018. On the other hand, per capita GDP levels vary across the OIC Member Countries, (i.e.



in Niger, $


in Qatar)



The poverty status also displays a diverse picture in the

OIC countries, since poverty headcount ratios in the Member Countries vary from zero to


Similar to the monetary poverty indicators that are mentioned above, non-monetary poverty

indicators also vary across the OICMember Countries. In this respect, their Human Development

Index values are between 0.863 and 0.354, Multidimensional Poverty Index values are between

0.0015 and 0.59, and Global Hunger Index values are between zero and 90.5

MillenniumDevelopment Goals (MDGs) lead to a significant consciousness in poverty alleviation

and contribute to the national efforts to a great extent. By the end of 2015 the MDGs process was

completed. The Sustainable Development Goals and a new development agenda was launched

in 2016.

The aim of this report is to provide an overview on the human development progress both at

global and OIC level. Within this framework, in the first section the poverty situation in the

World and the OIC Member Countries is examined briefly both in monetary and non-monetary

terms. In the second section, human development progress in the OIC Member Countries is

analyzed. The efforts towards poverty alleviation are explained in the third section.


The World Bank, 2019.