Rapid economic growth in East and South Asia over the last couple of decades has been responsible for a decrease in the number of people living in extreme poverty in developing countries, from 40 percent of global population in 1981 to 21 percent in 2001. However, Africa, Latin America, Eastern Europe and Central Asia are still far from reaching the U.N. Millennium Development Goal of halving poverty levels by 2015, says a new World Bank report. According to World Development Indicators 2004, East and South Asia, particularly China and India, have lifted 500 million people out of extreme poverty - those living on less than $1 a day - in 20 years.