$1.90 Per Day: What Does it Say?

WORKING PAPER

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We present alternate estimates of global, regional and national poverty based on reasoning as to what the Bank’s own method, consistently applied, would entail.


These show an increase in the absolute number of poor since 1980 or 1990 for certain choices of poverty line. However, we recommend an approach to income poverty assessment that is altogether different, focusing directly on identifying the real requirements of human beings to attain income-dependent human capabilities.

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Wealth Accumulation and Aggregate Demand Stagnation

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Savings from Top Incomes and Accumulation in the United States Context