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The World Bank's New Poverty Estimates:

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  • Sanjay Reddy

Abstract

The World Bank recently revised its poverty threshold upward by 25 percent. The new definition of being poor is now anyone who lives on the equivalent of what $1.25 a day buys in the United States, up from a mere dollar. But that adds some 400 million people to the poverty rolls in the world. Does the World Bank have it right now? In a word, no, says this author.

Suggested Citation

  • Sanjay Reddy, 2008. "The World Bank's New Poverty Estimates:," Challenge, Taylor & Francis Journals, vol. 51(6), pages 105-112.
    • Handle: RePEc:mes:challe:v:51:y:2008:i:6:p:105-112
    DOI: 10.2753/0577-5132510607
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    Cited by:

    1. Stephan Klasen & Tatyana Krivobokova & Friederike Greb & Rahul Lahoti & Syamsul Hidayat Pasaribu & Manuel Wiesenfarth, 2016. "International income poverty measurement: which way now?," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 14(2), pages 199-225, June.
    2. Leonardo Menchini & Luca Tiberti & Sheila Marnie, 2009. "Child Well-being in Eastern Europe and Central Asia: A multidimensional approach," Papers inwopa581, Innocenti Working Papers.
    3. Rammelt, Crelis F. & Boes, Jan, 2013. "Galtung meets Daly: A framework for addressing inequity in ecological economics," Ecological Economics, Elsevier, vol. 93(C), pages 269-277.
    4. Jayati Ghosh, 2010. "Poverty reduction in China and India: Policy implications of recent trends?," Working Papers 92, United Nations, Department of Economics and Social Affairs.

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