Famous poverty line

7 by 98 fell by 200 million 2day 41 1970 ravaillon

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Unformatted text preview: ncy (PPP, ER) Rank surveyed households by income or consumption Count number of people living below the line Lots of debate about the $1 a day line: Surjit Bhalla (2002) The first MDG of halving the 1990 $1 a day poverty rate by 2015 was in fact reached in 2000 (when the UN announced the mDG) Sala- i- Martin (2002) $1/day = 17% 1970 ! 7% by 98, fell by 200 million $2/day: 41% 1970 !...
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