Global Poverty Line
The global poverty line is a worldwide count of people who live below an international poverty line, referred to as the dollar-a-day line. This line represents an average of the national poverty lines of the world's poorest countries, expressed in international dollars. These national poverty lines are converted to international currency and the global line is converted back to local currency using the PPP exchange rates from the ICP.
Read more about this topic: Purchasing Power Parity
Famous quotes containing the words global, poverty and/or line:
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“Gascoigne, Ben Jonson, Greville, Raleigh, Donne,
Poets who wrote great poems, one by one,
And spaced by many years, each line an act
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This passion is the scholar’s heritage,”
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