LIVING ON $1.25 A DAY.

LIVING ON $1.25 A DAY. The phrase isn’t as memorable as “LIVING ON $1 A DAY”, is it? This article in The Economist also thinks that “as a slogan, $1.25 just doesn’t have the same ring.” The “dollar-a-day” definition goes back to a World Bank report in 1990. Now one of the researchers has looked at the much better data that is still available and has published a report that proposes a new “international poverty line” of $1.25 a day.

This entry was posted in Economics, History. Bookmark the permalink.

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>