Dollar a Day Revisited

@article{Ravallion2008DollarAD,
  title={Dollar a Day Revisited},
  author={M. Ravallion and S. Chen and P. Sangraula},
  journal={Development Economics},
  year={2008}
}
  • M. Ravallion, S. Chen, P. Sangraula
  • Published 2008
  • Economics
  • Development Economics
  • The article presents the first major update of the international $1 a day poverty line, proposed in world development report 1990: poverty for measuring absolute poverty by the standards of the world's poorest countries. In a new and more representative data set of national poverty lines, a marked economic gradient emerges only 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 is proposed as the new… CONTINUE READING

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