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According to this article what's the extreme poverty threshold for World Bank, after all? It says first: "Extreme poverty has long been defined as living on or
by gpestana 11y ago
According to this article what's the extreme poverty threshold for World Bank, after all? It says first:
"Extreme poverty has long been defined as living on or below $1.25 a day, but the World Bank’s adjustment now sets the poverty line at $1.90 a day."
And then, at the end:
"The World Bank first introduced a global poverty line in 1990, setting it at $1 a day. It was adjusted last in 2008, when the group raised it to $1.25 a day."
Got a bit confused.
- gpestana 11y agoMore info about it (and clearer) here: http://data.worldbank.org/news/extreme-poverty-rates-continue-to-fall http://data.worldbank.org/news/extreme-poverty-rates-continu...