2 ms·
every discussion of poverty needs a discussion of absolute vs relative poverty. I'd say this report tips it's hand > The share in poverty in any country depend
by maerF0x0 5y ago
every discussion of poverty needs a discussion of absolute vs relative poverty. I'd say this report tips it's hand
> The share in poverty in any country depends on two factors: the average level of income and the level of inequality.
reducing inequality itself, while correlated, is not necessary for poverty reduction.
I'd love to see one of these official boards to decide that poverty is over when some absolute measure happens (even the currency one is a mess due to inflation numbers and currency manipulation) .
Eg to illustrate the point: maybe we could say poverty is over when less than .01% of the population dies from malnutrition. (plus other measures).