Why the World Bank is taking a wide-angle view of poverty

Criteria for distinguishing poor from non-poor tend to reflect specific national priorities and normative concepts of welfare and rights. However, a universal poverty line is needed to permit cross-country comparison and aggregation. This global poverty line is inevitably somewhat arbitrary. — World Development Report (1990) The World Bank has used an international poverty line, originally … Continue reading Why the World Bank is taking a wide-angle view of poverty