This figure is based on purchasing power parity (PPP), which basically suggests that prices of goods in countries tend to equate under floating exchange rates and therefore people would be able to purchase the same quantity of goods in any country for a given sum of money. That is, the notion that a dollar should buy the same amount in all countries. Hence if a poor person in a poor country living on a dollar a day moved to the U.S. with no changes to their income, they would still be living on a dollar a day. The new poverty line of $1.25 a day was recently announced by the World Bank (in 2008). For many years before that it had been $1 a day. The new figures from the World Bank therefore confirm concerns that poverty has not been reduced by as much as was hoped, although it certainly has dropped since 1981. However, it appears that much of the poverty reduction in the last couple of decades almost exclusively comes from China:
Related: Why Poverty?
• Global Inequality
National Poverty Center | University of MichiganHow does the United States measure poverty? The United States determines the official poverty rate using poverty thresholds that are issued each year by the Census Bureau. The thresholds represent the annual amount of cash income minimally required to support families of various sizes. The methodology for calculating the thresholds was established in the mid-1960s and has not changed in the intervening years. A family is counted as poor if its pretax money income is below its poverty threshold. A sampling of the poverty thresholds for 2010 is included in the table below. SOURCE: U.S. Poverty guidelines are a simplified version of poverty thresholds and are issued by the Department of Health and Human Services to determine financial eligibility for certain federal programs. How many people were poor in 2010? In 2010, 15.1 percent of all persons lived in poverty. How has poverty changed over time? Since the late 1960s, the poverty rate for people over 65 has fallen dramatically.
Extreme Poverty Is Now At Record Levels – 19 Statistics About The Poor That Will Absolutely Astound YouAccording to the U.S. Census Bureau, a higher percentage of Americans is living in extreme poverty than they have ever measured before. In 2010, we were told that the economy was recovering, but the truth is that the number of the "very poor" soared to heights never seen previously. Tonight, there are more than 20 million Americans that are living in extreme poverty. About 20.5 million Americans, or 6.7 percent of the U.S. population, make up the poorest poor, defined as those at 50 per cent or less of the official poverty level.Those living in deep poverty represent nearly half of the 46.2 million people scraping by below the poverty line. Sadly, the wealthy and the poor are being increasingly segregated all over the nation. According to a recent Bloomberg article, the "very poor" are increasingly being pushed into these "bad neighborhoods".... Of course they don't have much of a choice. But today we are losing out on a massive amount of wealth. So just how bad are things right now?
Poverty OverviewThere is no silver bullet to ending poverty, and strategies to reach the least well-off must be tailored to each country’s context, taking into account the latest data and analysis and the needs of the people. The fact that there has been such progress in the world, however, tells us that a few things are working. Experience shows that in order to sustainably reduce poverty, countries need to: Grow in an inclusive, labor-intensive way. Invest in the human capital of people, especially those who are unable to benefit from basic services due to circumstances beyond their control. Insure poor and vulnerable people against the shocks that can push them deeper into poverty- things such as severe weather, pandemics, food price variability, and economic crises. This goal to end poverty works hand in hand with the World Bank Group’s goal to promote shared prosperity, focused on increasing the income growth among the bottom 40 percent in every country.
titledPoverty Eradication Poverty entails more than the lack of income and productive resources to ensure sustainable livelihoods. Its manifestations include hunger and malnutrition, limited access to education and other basic services, social discrimination and exclusion as well as the lack of participation in decision-making. Various social groups bear disproportionate burden of poverty. The World Social Summit identified poverty eradication as an ethical, social, political and economic imperative of mankind and called on governments to address the root causes of poverty, provide for basic needs for all and ensure that the poor have access to productive resources, including credit, education and training. More about Poverty Eradication A social perspective on development requires addressing poverty in all its dimensions. A social perspective on poverty should contribute to the debate on the effectiveness and limitations of current poverty reduction strategies. Social Integration Publication
Causes of PovertyAuthor and Page information by Anup ShahThis Page Last Updated Sunday, September 28, 2014 Almost half the world — over 3 billion people — live on less than $2.50 a day.The GDP (Gross Domestic Product) of the 41 Heavily Indebted Poor Countries (567 million people) is less than the wealth of the world’s 7 richest people combined.Nearly a billion people entered the 21st century unable to read a book or sign their names.Less than one per cent of what the world spent every year on weapons was needed to put every child into school by the year 2000 and yet it didn’t happen.1 billion children live in poverty (1 in 2 children in the world). 640 million live without adequate shelter, 400 million have no access to safe water, 270 million have no access to health services. 10.6 million died in 2003 before they reached the age of 5 (or roughly 29,000 children per day). Poverty is the state for the majority of the world’s people and nations. 14 articles on “Causes of Poverty” and 6 related issues: Aid
15 Shocking Poverty Statistics That Are Skyrocketing As The American Middle Class Continues To Be Slowly Wiped OutThe "America" that so many of us have taken for granted for so many decades is literally disintegrating right in front of our eyes. Most Americans are still operating under the delusion that the United States will always be "the wealthiest nation" in the world and that our economy will always produce large numbers of high paying jobs and that the U.S. will always have a very large middle class. But that is not what is happening. The very foundations of the U.S. economy have rotted away and we now find ourselves on the verge of an economic collapse. On the mainstream news, the American people are treated to endless footage of leaders from both political parties proclaiming that the primary reason that we are in the midst of such an economic mess is because of what the other political party has done. Republicans proclaim that we are experiencing all of this economic chaos because of the Democrats. But do you really want to know who is to blame for our economic problems? Both of them.
5 Steps to Avoid Poverty | To Love, Honor and VacuumEvery Friday my syndicated column appears in a bunch of newspapers in southeastern Ontario. Back in 2006, I wrote this column about poverty, and a reader recently emailed and asked me to repost it. So here it is, fresh from 5 years ago! With the new government now in place, the demands are sure to start coming soon that Harper tackle the persistent problem of poverty. When we talk about poverty like this, though, we’re talking about it as if it’s a virus, lurking around a corner, ready to randomly infect whomever happens to saunter by. Obviously there will always be factors beyond our control, and I hope that Harper implements good economic policies that will relieve the kind of poverty that stalks communities when industry dries up. William Galston, a University of Maryland Professor of Public Policy, found that following these steps gives you almost a 90% chance of avoiding long-term poverty. Finally, stay out of trouble. Do these things work? Let’s teach them to do.
Why PovertyAre women better at getting out of poverty than men? To find out more and get teaching resources, go to www.whypoverty.net Rafea is the second wife of a Bedouin husband. She is selected to attend the Barefoot College in India that takes uneducated middle-aged women from poor communities and trains them to become solar engineers. The college's 6-month programme brings together women from all over the world. Directors: Mona Eldaief & Jehane Noujaim Producer: Mette HeideProduced by Plus Pictures & Steps International Why Poverty? Video URL: Show less