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Unit 2 Macro: The $1-a-day Statistic

Geoff Riley

9th March 2012

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Here is a superb piece from Ruth Sutherland on the BBC news website on the background to the creation of the $1 a day benchmark for people living in absolute poverty. Much progress has been achieved why has the $1-a-day figure had to change and what have been the unintended consequences of a heavy policy focus on this number?

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty 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 and Revision conferences in the UK and overseas.

@tutor2uGeoff

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