In a world characterized by an unprecedented level of economic development, technological means and financial resources, that millions of persons are living in extreme poverty is a moral outrage. Poverty is not solely an economic issue, but rather a multidimensional phenomenon that encompasses a lack of both income and the basic capabilities to live in dignity.
Persons living in poverty experience many interrelated and mutually reinforcing deprivations that prevent them from realizing their rights and perpetuate their poverty, including:
This year marks the 27th anniversary of the declaration by the General Assembly, in its resolution 47/196 of 22 December 1992, of 17 October as the International Day for the Eradication of Poverty. This year also marks the 32nd anniversary of the Call to Action by Father Joseph Wresinski — which inspired the observance of October 17 as the World Day for Overcoming Extreme Poverty — and the recognition by the United Nations of the day as the International Day for the Eradication of Poverty.