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 brandnew world of allatonceness. Time has ceased, space has vanished. We now live in a global village ... a simultaneous happening.”
—Marshall McLuhan (19111980)
“He who is not capable of enduring poverty is not capable of being free.”
—Victor Hugo (18021885)
“The individual woman is required ... a thousand times a day to choose either to accept her appointed role and thereby rescue her good disposition out of the wreckage of her self-respect, or else follow an independent line of behavior and rescue her self-respect out of the wreckage of her good disposition.”
—Jeannette Rankin (18801973)