Poverty on decline in world, according to latest ILO report. - The developing countries and the advanced economies reacted better to the financial crisis than the advanced countries, according to the latest annual report of the International Labour Organisation (ILO) on work throughout the world. The ILO notes that the economic convergence between the developing countries and the advanced economies has taken off: between 1980 and 2011, the revenue per head of population grew by 3.3% a year...