The developing world is poorer than we thought, but no less successful in the fight against poverty
The developing world is poorer than we thought, but no less successful in the fight against poverty
In assessing the extent of poverty in a given country one naturally focuses on a poverty line that is considered appropriate for that country. However, poverty lines vary across countries in terms of their purchasing power, and they have an economic gradient, such that richer countries tend to adopt higher standards of living in defining poverty. This report presents a major overhaul to the World Bank
Publication Date:
01/08/2008