World Bank report says more live in poverty than previously thought
World Bank report says more live in poverty than previously thought
The number of people living below the international poverty line has decreased by about a billion over the past 15 years, according to the World Bank’s annual report on global poverty. But the report concludes the threshold for measuring that — those who make less than $1.90 a day — is inadequate. The report introduces new thresholds: $3.20 for lower-income countries and $5.50 for countries considered middle income. The World Bank also says factors other than wages, like access to education and health care, should be taken into account.
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