Abstract
In this chapter, we discuss trends in global poverty since the Cold War taking several poverty lines. We provide a basis for a set of stylised consumption groups based on global consumption and show how the benefits of growth were distributed since 1990.
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Notes
- 1.
The $10 poverty line is a proposal for a ‘security from poverty’ consumption line developed and used by López-Calva and Ortiz-Juarez (2014) based on the 10% probability of falling back below national poverty lines (which are $4–$5/day in 2005 PPP) in the near future in Mexico, Brazil and Chile. The 10% probability line is actually $8.50–$9.70 depending on whether Brazil, Mexico or Chile are used (and comparable estimates for Indonesia are $8.37 for a $4 national poverty line and $13.03 at $5, in 2005 PPP—see Sumner et al. 2014). Thus, the mean is $9.27 and if the mean is inflated to 2011 prices it is $10.47. However, given that this is not intended to be a precise estimate—rather, a rough proxy used for illustration purposes here—$10 per capita is used here in 2011 PPP.
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Edward, P., Sumner, A. (2019). Global Poverty by Different Poverty Lines Since the Cold War. In: The End of Poverty. Palgrave Pivot, Cham. https://doi.org/10.1007/978-3-030-14764-8_4
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DOI: https://doi.org/10.1007/978-3-030-14764-8_4
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