Purchasing Power Parity - Global Poverty Line

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.

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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)

    The real weakness of England lies, not in incomplete armaments or unfortified coasts, not in the poverty that creeps through sunless lanes, or the drunkenness that brawls in loathsome courts, but simply in the fact that her ideals are emotional and not intellectual.
    Oscar Wilde (1854–1900)

    A modern democracy is a tyranny whose borders are undefined; one discovers how far one can go only by traveling in a straight line until one is stopped.
    Norman Mailer (b. 1923)