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:
“Ours is a brand—new world of allatonceness. “Time” has ceased, “space” has vanished. We now live in a global village ... a simultaneous happening.”
—Marshall McLuhan (1911–1980)
“This Administration has declared unconditional war on poverty and I have come here this morning to ask all of you to enlist as volunteers. Members of all parties are welcome to our tent. Members of all races ought to be there. Members of all religions should come and help us now to strike the hammer of truth against the anvil of public opinion again and again until the ears of this Nation are open, until the hearts of this Nation are touched, and until the conscience of America is awakened.”
—Lyndon Baines Johnson (1908–1973)
“What we are, that only can we see. All that Adam had, all that Caesar could, you have and can do. Adam called his house, heaven and earth; Caesar called his house, Rome; you perhaps call yours, a cobbler’s trade; a hundred acres of ploughed land; or a scholar’s garret. Yet line for line and point for point, your dominion is as great as theirs, though without fine names. Build, therefore, your own world.”
—Ralph Waldo Emerson (1803–1882)