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Poverty

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Poverty

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About this activity

Measuring poverty on a global scale requires establishing a uniform poverty level across extremely
divergent economies, which can result in only rough comparisons. The World Bank has defined the
international poverty line as U.S. $1 and $2 per day in 1993 Purchasing Power Parity (PPP), which adjusts
for differences in the prices of goods and services between countries. The $1 per day level is generally
used for the least developed countries, primarily African; the $2‐per‐day level is used for middle income
economies such as those of East Asia and La n America.

Created by

Mohsin Khan
Mohsin Khan
United States

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PovertyOnline version

Measuring poverty on a global scale requires establishing a uniform poverty level across extremely divergent economies, which can result in only rough comparisons. The World Bank has defined the international poverty line as U.S. $1 and $2 per day in 1993 Purchasing Power Parity (PPP), which adjusts for differences in the prices of goods and services between countries. The $1 per day level is generally used for the least developed countries, primarily African; the $2‐per‐day level is used for middle income economies such as those of East Asia and La n America.

by Mohsin Khan
1

requires income prices least developed

Measuring poverty on a global scale establishing a uniform poverty level across extremely
divergent economies , which can result in only rough comparisons . The World Bank has de ? ned the
international poverty line as U . S . $1 and $2 per day in 1993 Purchasing Power Parity ( PPP ) , which adjusts
for di ? erences in the of goods and services between countries . The $1 per day level is generally
used for the countries , primarily African ; the $2 ? per ? day level is used for middle
economies such as those of East Asia and La n America .

 
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