In the News
Extreme Poverty Rate Falls Below 10%
Geoff Riley
5th October 2015
The World Bank has said that for the first time less than 10% of the world's population will be living in extreme poverty by the end of 2015. The bank said it was using a new income figure of $1.90 per day (PPP adjusted) to define extreme poverty, up from $1.25.
- Economics
- Blog
- In the News
- World Bank
- Poverty
- Extreme poverty
- Absolute poverty
- Multi-Dimensional Poverty Index (MDPI)
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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