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It does. From the linked World Bank article: "The Bank uses an updated international poverty line of US $1.90 a day, which incorporates new information on diffe
by dchest 7y ago
It does. From the linked World Bank article: "The Bank uses an updated international poverty line of US $1.90 a day, which incorporates new information on differences in the cost of living across countries (the PPP exchange rates). The new line preserves the real purchasing power of the previous line (of $1.25 a day in 2005 prices) in the world’s poorest countries."