Penury
Extreme poverty, deep poverty, abject poverty, absolute poverty, destitution, or penury, is the most severe type of poverty, defined by the United Nations (UN) as "a condition characterized by severe deprivation of basic human needs, including food, safe drinking water, sanitation facilities, health, shelter, education and information. It depends not only on income but also on access to services" (UN 1995 report of the World Summit for Social Development). Historically, other definitions have been proposed within the United Nations. In 2018, extreme poverty mainly refers to an income below the international poverty line of $1.90 per day (in 2011 prices, $ in dollars), set by the World Bank. In October 2017, the World Bank updated the international poverty line, a global absolute minimum, to $1.90 a day. This is the equivalent of $1.00 a day in 1996 US prices, hence the widely used expression "living on less than a dollar a day". The vast majority of those in extreme povert ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Joseph Wresinski
Joseph Wresinski (12 February 1917 in Angers – 14 February 1988 in Suresnes) was a French priest and humanitarian activist. Biography Born to immigrant parents, Wresinski grew up in poverty and experienced social exclusion. He established major landmarks throughout his life in the fight against the worst forms of poverty, in collaboration with the very poor themselves and other partners. He also developed a blueprint for a civilisation without exclusion based on his work in the field of human activity, a civilisation with the contributions of all people, and for the benefit of all. Wresinski was ordained as a Catholic priest in 1946. Consequently, in 1956, he was assigned by his bishop to be chaplain for 250 families placed in emergency housing in Noisy-le-Grand. A year later, in response to this, he founded the International Movement ATD Fourth World in 1957. He authored the report Grande pauvreté et précarité économique et sociale (Chronic Poverty and Lack of Basic Securi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sabina Alkire
Sabina Alkire is the director of the Oxford Poverty and Human Development Initiative (OPHI), an economic research centre within the Oxford Department of International Development at the University of Oxford, England, which was established in 2007. She is a fellow of the Human Development and Capability Association. She has worked with organizations such as the Commission on the Measurement of Economic Performance and Social Progress, the United Nations Human Development Programme Human Development Report Office, the European Commission, and the UK's Department for International Development. Alkire and fellow OPHI member economist James Foster developed the Alkire Foster Method, a method of measuring multidimensional poverty. It includes identifying ‘who is poor’ by considering the range of deprivations they suffer, and aggregating that information to reflect societal poverty. The application and implementation of the Alkire-Foster (AF) method produced a Multidimensional P ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Multidimensional Poverty Index
Multidimensional Poverty Indices use a range of indicators to calculate a summary poverty figure for a given population, in which a larger figure indicates a higher level of poverty. This figure considers both the proportion of the population that is deemed poor, and the 'breadth' of poverty experienced by these 'poor' households, following the Alkire & Foster 'counting method'. The method was developed following increased criticism of monetary and consumption based poverty measures, seeking to capture the deprivations in non-monetary factors that contribute towards well-being. While there is a standard set of indicators, dimensions, cutoffs and thresholds used for a 'Global MPI', the method is flexible and there are many examples of poverty studies that modify it to best suit their environment. The methodology has been mainly, but not exclusively, applied to developing countries. The Global Multidimensional Poverty Index (MPI) was developed in 2010 by the Oxford Poverty & Human D ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Purchasing Power Parity
Purchasing power parity (PPP) is the measurement of prices in different countries that uses the prices of specific goods to compare the absolute purchasing power of the countries' currencies. PPP is effectively the ratio of the price of a basket of goods at one location divided by the price of the basket of goods at a different location. The PPP inflation and exchange rate may differ from the market exchange rate because of tariffs, and other transaction costs. The Purchasing Power Parity indicator can be used to compare economies regarding their Gross Domestic Product, labour productivity and actual individual consumption, and in some cases to analyse price convergence and to compare the cost of living between places. The calculation of the PPP, according to the OECD, is made through a ''basket of goods'' that contains a "final product list hatcovers around 3,000 consumer goods and services, 30 occupations in government, 200 types of equipment goods and about 15 constructio ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Open Knowledge Repository
The Open Knowledge Repository is the official open-access repository of the World Bank and features research content about development. It was launched in 2012, alongside the World Bank's Open Access Policy and its adoption of the Creative Commons Attribution (CC BY) license for all research and knowledge products that it publishes, which collectively made the World Bank the first international organization to completely embrace open access. The repository collects the intellectual output of the World Bank in digital form, disseminates it, and preserves it long-term. Contents The Open Knowledge Repository features books, reports, serials, technical papers, working papers, and work studies. Among its contents are World Bank Group ''Annual Reports'' and ''Independent Evaluation Studies'', books published by the World Bank Group, '' World Development Reports'', and articles published in the journals ''World Bank Economic Review'' and ''World Bank Research Observer''. The repository ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Relative Poverty
The poverty threshold, poverty limit, poverty line or breadline is the minimum level of income deemed adequate in a particular country. The poverty line is usually calculated by estimating the total cost of one year's worth of necessities for the average adult.Poverty Lines – Martin Ravallion, in The New Palgrave Dictionary of Economics, 2nd Edition, London: Palgrave Macmillan The cost of housing, such as the rent for an apartment, usually makes up the largest proportion of this estimate, so economists track the real estate market and other housing cost indicators as a major influence on the poverty line. Individual factors are often used to account for various circumstances, such as whether one is a parent, elderly, a child, married, etc. The poverty threshold may be adjusted annually. In practice, like the definition of poverty, the official or common understanding of the poverty line is significantly higher in developed countries than in developing countries. In October 201 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Poverty Gap Index
The poverty gap index is a measure of the intensity of poverty. It is defined as the average poverty gap in the population as a proportion of the poverty line. The poverty gap index is an improvement over the poverty measure head count ratio which simply counts all the people below a poverty line, in a given population, and considers them equally poor. Poverty gap index estimates the depth of poverty by considering how far, on the average, the poor are from that poverty line. Definition The poverty gap index sometimes referred to as poverty gap ratio or pg index is defined as average of the ratio of the poverty gap to the poverty line. It is expressed as a percentage of the poverty line for a country or region. Significance The most common method measuring and reporting poverty is the head count ratio, given as the percentage of population that is below the poverty line. For example, ''The New York Times'' in July 2012 reported the poverty head count ratio as 11.1% of American ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Share Of Population Living In Multidimensional Poverty, 2014
Share may refer to: * Share, to make joint use of a resource (such as food, money, or space); see Sharing * Share (finance), a stock or other financial security (such as a mutual fund) * Share, Kwara, a town and LGA in Kwara State, Nigeria Share may also refer to: Arts, entertainment, and media * ''Share'' (2015 film), a short drama film * ''Share'' (2019 film), a feature drama film * ''Share'' (newspaper), a newspaper in Toronto, Canada * Ratings share, percentage of television sets in use tuned to a program, according to the Nielsen Ratings Computing * share (command), a shell command * SHARE (computing), a user group for IBM mainframe computers * Share (P2P), a Japanese P2P computer program, the successor to Winny * Share, a software service of Acrobat.com used for sending files * File sharing * Network share, a file storage area that is available over a computer network * Share icon, a user interface icon intended to convey performing a share action * SHARE Operating Sy ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Subsistence Farmer
Subsistence agriculture occurs when farmers grow food crops to meet the needs of themselves and their families on smallholdings. Subsistence agriculturalists target farm output for survival and for mostly local requirements, with little or no surplus. Planting decisions occur principally with an eye toward what the family will need during the coming year, and only secondarily toward market prices. Tony Waters, a professor of sociology, defines "subsistence peasants" as "people who grow what they eat, build their own houses, and live without regularly making purchases in the marketplace." Despite the self-sufficiency in subsistence farming, most subsistence farmers also participate in trade to some degree. Although their amount of trade as measured in cash is less than that of consumers in countries with modern complex markets, they use these markets mainly to obtain goods, not to generate income for food; these goods are typically not necessary for survival and may include suga ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Geary–Khamis Dollar
The international dollar (int'l dollar or intl dollar, symbols Int'l$., Intl$., Int$), also known as Geary–Khamis dollar (symbols G-K$ or GK$), is a hypothetical unit of currency that has the same purchasing power parity that the U.S. dollar had in the United States at a given point in time. It is mainly used in economics and financial statistics for various purposes, most notably to determine and compare the purchasing power parity and gross domestic product of various countries and markets. The year 1990 or 2000 is often used as a benchmark year for comparisons that run through time. The unit is often abbreviated, e.g. 2000 US dollars or 2000 International$ (if the benchmark year is 2000). It is based on the twin concepts of purchasing power parities (PPP) of currencies and the international average prices of commodities. It shows how much a local currency unit is worth within the country's borders. It is used to make comparisons both between countries and over time. For ex ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Poverty Headcount Ratio At 1
Poverty is the state of having few material possessions or little . Poverty can have diverse , , and causes and effects. When evaluating poverty in statistics or economics there are two main measures: '''' compares income against the amount needed to meet [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |