World Bank report says more live in poverty than previously thought

Jed Kim Oct 17, 2018
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World Bank report says more live in poverty than previously thought

Jed Kim Oct 17, 2018
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The number of people living below the international poverty line has decreased by about a billion over the past 15 years, according to the World Bank’s annual report on global poverty. But the report concludes the threshold for measuring that — those who make less than $1.90 a day — is inadequate. The report introduces new thresholds: $3.20 for lower-income countries and $5.50 for countries considered middle income. The World Bank also says factors other than wages, like access to education and health care, should be taken into account. 

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