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)
““It’s a wery remarkable circumstance, sir”, said Sam, “that poverty and oysters seems to go together.””
—Charles Dickens (1812–1870)
“When all this is over, you know what I’m going to do? I’m gonna get married, gonna have about six kids. I’ll line ‘em up against the wall and tell them what it was like here in Burma. If they don’t cry, I’ll beat the hell out of ‘em.”
—Samuel Fuller, U.S. screenwriter, and Milton Sperling. Samuel Fuller. Barney, Merrill’s Marauders (1962)