Extreme poverty dropped from 44% of the global population in 1981 to just 9% in 2019.

https://vincentarmentano.com/research/hpf/howpovertyfell.pdf

47 points · 6 comments · view on lemmy.world

6 Comments

professionalspooner@feddit.org · 2 pts · 1y

I found this in the newsletter from Our World in Data and thought it was interesting to share here.

The researchers are from the University of San Diego. I shared the link above to the authors’ website because the university website is not opening for me.

The final version should be here, according to the newsletter and Google: https://econweb.ucsd.edu/~pniehaus/papers/how_poverty_fell.pdf

JeeBaiChow@lemmy.world · 2 pts · 1y (2 replies)

Follow up question should be: did they also reclassify 'extreme poverty'?

threelonmusketeers@sh.itjust.works · 12 pts · 1y

Poverty is defined as living in a household with consumption per capita below $2.15 per day.

They did not. Unless they forgot to account for inflation, but that would be a pretty glaring mistake to make.

Blackmist@feddit.uk · 6 pts · 1y

Depends if that $2.15 was adjusted for inflation I guess.

LiamTheBox@lemmy.ml · -5 pts · 1y (2 replies)

Not adjusted to inflation and modern wages

dumnonii@piefed.social · 8 pts · 1y

They actually did adjust for inflation.

We study poverty in the now-conventional sense of living on less than $2.15 per day in 2017 PPP dollars (World Bank, 2023), using both consumption- and income-based measures as available.

1 These rates are based on the $2.15 2017 PPP poverty line (Chen and Ravallion, 2010; World Bank, 2023). See https://pip.worldbank.org/

https://vincentarmentano.com/research/hpf/howpovertyfell.pdf (Bottom of 2nd page)

vga@sopuli.xyz · 1 pts · 1y
[ removed ]