Dollar a day revisited
AbstractThe paper presents the first major update of the international"$1 a day"poverty line, first proposed in 1990 for measuring absolute poverty by the standards of the world's poorest countries. In a new data set of national povertylines we find that a marked economic gradient only emerges when consumption per person is above about $2.00 a day at 2005 purchasing power parity. Below this, the average poverty line is $1.25, which we propose as the new international poverty line. Relative poverty appears to matter more to developing countries than has been thought. The authors'proposed schedule of relative poverty lines is bounded below by $1.25, and rises at a gradient of $1 in $3 when mean consumption is above $2.00 a day.
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Bibliographic InfoPaper provided by The World Bank in its series Policy Research Working Paper Series with number 4620.
Date of creation: 01 May 2008
Date of revision:
Rural Poverty Reduction; Population Policies; Achieving Shared Growth; Urban Partnerships&Poverty;
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