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:
“As the global expansion of Indian and Chinese restaurants suggests, xenophobia is directed against foreign people, not foreign cultural imports.”
—Eric J. Hobsbawm (b. 1917)
““It’s a wery remarkable circumstance, sir”, said Sam, “that poverty and oysters seems to go together.””
—Charles Dickens (1812–1870)
“The middle years of parenthood are characterized by ambiguity. Our kids are no longer helpless, but neither are they independent. We are still active parents but we have more time now to concentrate on our personal needs. Our children’s world has expanded. It is not enclosed within a kind of magic dotted line drawn by us. Although we are still the most important adults in their lives, we are no longer the only significant adults.”
—Ruth Davidson Bell. Ourselves and Our Children, by Boston Women’s Health Book Collective, ch. 3 (1978)