World Bank Estimate Of 1 Bln People In Poverty 30% ‘Too Low’ – 12 April 2014

RT logoThe current international poverty line of $1.25 per day used by the World Bank is “too low” and “artificial,” say researchers from Bristol University, adding that the total number of poor people worldwide would increase by 30 percent in future.

The World Bank’s “estimates are flawed” as the organization hasn’t used “different poverty measures” and only explores one angle of the problem – financial, says the study, called “The mis-measurement of extreme global poverty: A case study in the Pacific Islands,” published in Journal of Sociology.

“There is considerable controversy surrounding the ‘dollar a day’ measure used to monitor progress against the Millennium Development Goals,” adds the research, which was carried out together with specialists at the Australian National University, UNICEF Pacific and the Economic and Social Research Council (ESRC).

Read the full story at: www.rt.com / link to original article

Comments are closed.