1 lecture slides - Living on $1 a day or less Lecture One...

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Lecture One Measuring Poverty and Development I. Poverty Numbers and Trends ! “An economic catastrophe occurred on August 26th 2008 . ...” ! The Millennium Development Goals (MDGs) target is to cut global poverty in half by 2015. How are we doing ? ! In 2007 1 billion people lived in ‘extreme poverty.’ ! In 2009 1.4 billion people live in ‘extreme poverty.’ ! Absolute poverty now deFned as living on < $1.25 a day ! 2.6 billion live on less than $2 a day in ‘moderate poverty.’ Living on $1 a day or less Source: Worldmapper Living on $2 a day or less Source: Worldmapper
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80% of the world’s population lives on less than $10 a day (Worldmapper 2005) Human Poverty Index Defining Poverty ! Who is poor ? ! Why are they considered poor ? ! Cultural, linguistic, historical differences ! “Four dimensions of poverty:” ! The material facts ! The subjects perception ! Perception by others ! Spatial-historical change Absolute Numbers
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! Most poverty reduction has been in China . ! There has been no poverty reduction overall in sub-Saharan Africa. The China Factor ! Small changes or errors in China’s statistics have a huge effect on global trends. ! For example: Excluding China, the total number of people living in poverty actually increased (841 to 877 million) from 1990 to 2001. ! Even a World Bank lead economist concludes: If China is excluded from poverty calculations, the world will fail to meet any UN poverty-reduction targets by 2015. ! Sub-Saharan Africa : people living on less than $1 a day increased signi±cantly from 227 million to 313 million. ! And the proportion increased from 44.6% to 46.4%. ! Middle East and North Africa : a slight increase in both incidence and total numbers in poverty. ! Europe : a major increase in poverty (from 2 million to 18 million). ! Where and why?
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This note was uploaded on 03/14/2010 for the course DEV STD C 1 taught by Professor Trist during the Fall '09 term at University of California, Berkeley.

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1 lecture slides - Living on $1 a day or less Lecture One...

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