Population growth and economic cyclical factors however add annually to the ranks of poor. Notwithstanding there has been a reduction in poverty incidence in Asia from 27% in 1990 to 20% by 2006, though East Asia managed to achieve steeper and swifter reduction in poverty relative to South Asia.
In the four quarters ending in June 2008, in the United States the pool of assets managed by funded private and public pension schemes has declined by more than 9 percentage points, or almost 900 billion dollars. Since then losses have probably doubled, given the collapse of bond and stock prices.