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Dollar a Day Revisited

Dollar a Day Revisited 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 international poverty line. The article tests the robustness of this line to alternative estimation methods and explains how it differs from the old 1 a day line. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The World Bank Economic Review Oxford University Press

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References (61)

Publisher
Oxford University Press
Copyright
© Published by Oxford University Press.
Subject
Articles
ISSN
0258-6770
eISSN
1564-698X
DOI
10.1093/wber/lhp007
Publisher site
See Article on Publisher Site

Abstract

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 international poverty line. The article tests the robustness of this line to alternative estimation methods and explains how it differs from the old 1 a day line.

Journal

The World Bank Economic ReviewOxford University Press

Published: Jun 26, 2009

Keywords: JEL codes I32 E31 O10

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