What’s the meaning of the World Bank’s new poverty lines?, By Marc Silver and Malaka Gharib, October 25, 2017, National Public Radio: “According to the World Bank, if you’re living on $1.90 a day or less, you’re living in extreme poverty. The 767 million people in that category have $1.90 a day or less in purchasing power to fulfill their daily needs…”
Tag: World Bank
Global Poverty
Global poverty declines even amid economic slowdown, World Bank says, By Maria Hollenhorst, October 2, 2016, National Public Radio: “The number of people living in extreme poverty is continuing to plunge, despite the 2008-09 financial crisis and slowing global economic growth, according to a World Bank study released Sunday. In the report, ‘Poverty and Shared Prosperity,’ the World Bank says the progress proves that eliminating extreme poverty is an achievable goal…”
Global Poverty Measurement
The tricky work of measuring falling global poverty, October 12, 2015, The Economist: “‘This is the best news story in the world,’ said Jim Yong Kim, the president of the World Bank, of the announcement this month that the proportion of the world living in poverty is now in single digits, at 9.6%. The claim has rekindled a long smouldering debate over the reliability of such statistics. Counting the poor is no easy task. The Bank bases its poverty figures on household surveys, which are undertaken by developing countries every few years…”