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Behavioral Development Economics

Dr. Björn Vollan

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Author: phamcatlam

Poverty in the eyes of the poor

13. June 201713. June 2017 ~ phamcatlam ~ Leave a comment

When being asked about how to distinguish the poor from others, lots of people have a tendency to apply measurements based on absolute income. One of these is the ‘Poverty Line’, introduced in 1990 by World Bank to measure poverty across countries and cultures. According to this measurement, people who live on less than $2 … Continue reading Poverty in the eyes of the poor

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