Publication:
Global Poverty Goals and Prices: How Purchasing Power Parity Matters

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dc.contributor.authorPrydz, Espen Beer
dc.contributor.authorJolliffe, Dean Mitchell
dc.date.accessioned2015-06-01T22:46:42Z
dc.date.available2015-06-01T22:46:42Z
dc.date.issued2015-05
dc.description.abstractWith the recent release of the 2011 purchasing power parity (PPP) data from the International Comparison Program (ICP), analysts and institutions are confronted with the question of whether and how to use them for global poverty estimation. The previous round of PPP data from 2005 led to a large increase in the estimated number of poor in the world. The 2011 price data suggest that developing countries’ incomes in PPP-adjusted dollars are significantly higher than indicated by the 2005 PPP data. This has created the anticipation that the new PPP data will decrease significantly the count of poor people in the world. This paper presents evidence that if the global poverty line is updated with the 2011 PPP data based on the same set of national poverty lines that define the $1.25 line in 2005 PPPs, and if the 2011 PPP conversion factors are used without adjustments to selected countries, the 2011 poverty rate is within half a percentage point of the current global estimate based on 2005 PPPs. The analysis also indicates that the goal of ‘ending’ extreme poverty by 2030 continues to be an ambitious one.en
dc.identifierhttp://documents.worldbank.org/curated/en/2015/05/24442564/global-poverty-goals-prices-purchasing-power-parity-matters
dc.identifier.urihttps://hdl.handle.net/10986/21988
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 7256
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectPOVERTY THRESHOLD
dc.subjectLIVING STANDARDS
dc.subjectPER CAPITA CONSUMPTION
dc.subjectHEADCOUNT RATIO
dc.subjectGROWTH RATES
dc.subjectHOUSEHOLD SURVEY
dc.subjectCAPITA INCOME
dc.subjectPOVERTY LINE
dc.subjectECONOMIC GROWTH
dc.subjectSIGNIFICANT EFFECT
dc.subjectNATIONAL ACCOUNTS
dc.subjectMEAN VALUE
dc.subjectINCOME
dc.subjectPOVERTY ESTIMATES
dc.subjectPOVERTY RATES
dc.subjectNATIONAL POVERTY LINE
dc.subjectINTERNATIONAL ORGANIZATIONS
dc.subjectGDP PER CAPITA
dc.subjectDATA COLLECTION
dc.subjectCONSUMPTION DATA
dc.subjectDEVELOPING COUNTRIES
dc.subjectREDUCED POVERTY
dc.subjectPPP
dc.subjectGLOBAL LEVEL
dc.subjectNATIONAL POVERTY
dc.subjectREGIONAL PROFILE
dc.subjectPOOR PEOPLE
dc.subjectRESEARCH GROUP
dc.subjectEXTREME POVERTY LINE
dc.subjectINTERNATIONAL POVERTY LINES
dc.subjectNATIONAL POVERTY RATE
dc.subjectDEVELOPMENT GOALS
dc.subjectCITIES
dc.subjectLOW POVERTY RATES
dc.subjectGLOBAL POVERTY
dc.subjectINFLATION
dc.subjectMEASURES
dc.subjectPOVERTY MEASURES
dc.subjectNATIONAL POVERTY LINES
dc.subjectREGION
dc.subjectAVERAGE GROWTH RATE
dc.subjectPOVERTY INDICATOR
dc.subjectPUBLIC POLICY
dc.subjectDEFINITIONS OF POVERTY
dc.subjectMEASURING POVERTY
dc.subjectPER CAPITA INCOME
dc.subjectCURRENCY
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectCURRENCY EXCHANGE
dc.subjectLOW-INCOME COUNTRIES
dc.subjectAVERAGE INCOME
dc.subjectDATA QUALITY
dc.subjectEXCHANGE RATES
dc.subjectCOST OF LIVING
dc.subjectPOPULATION LIVING IN EXTREME POVERTY
dc.subjectINTERNATIONAL POVERTY LINE
dc.subjectPOVERTY STATUS
dc.subjectESTIMATES OF POVERTY
dc.subjectINFLATION RATE
dc.subjectCONSUMPTION EXPENDITURE
dc.subjectHOUSEHOLD SURVEYS
dc.subjectINCOME LEVELS
dc.subjectRELATIVE PRICES
dc.subjectCHANGES IN POVERTY
dc.subjectAVERAGE GROWTH
dc.subjectPOVERTY PROFILE
dc.subjectDEVELOPMENT RESEARCH
dc.subjectPOVERTY LINES
dc.subjectCONSUMPTION
dc.subjectPOVERTY DATA
dc.subjectPOVERTY INCREASES
dc.subjectUNDERSTANDING OF POVERTY
dc.subjectCOUNTRY LEVEL
dc.subjectCUMULATIVE DISTRIBUTION
dc.subjectBASIC NEEDS
dc.subjectPOVERTY MEASUREMENT
dc.subjectINCOME DISTRIBUTIONS
dc.subjectPOOR COUNTRIES
dc.subjectDEVELOPING WORLD
dc.subjectMEAN INCOME
dc.subjectCOLLABORATIVE EFFORT
dc.subjectINCOME DISTRIBUTION
dc.subjectURBAN AREAS
dc.subjectABSOLUTE POVERTY
dc.subjectRURAL PRICES
dc.subjectRURAL
dc.subjectLOCAL CURRENCY
dc.subjectPOVERTY LEVEL
dc.subjectECONOMICS
dc.subjectCOMPARATIVE ANALYSIS OF POVERTY
dc.subjectWEIGHT
dc.subjectECONOMIC DEVELOPMENT
dc.subjectRICH COUNTRIES
dc.subjectREGIONS
dc.subjectGROWTH RATE
dc.subjectCOUNTRY–SPECIFIC
dc.subjectEXTREME POVERTY
dc.subjectPOVERTY
dc.subjectNATIONAL POVERTY HEADCOUNT
dc.subjectCROSS COUNTRY
dc.subjectEXTREME POVERTY LINES
dc.subjectPOPULATION
dc.subjectPURCHASING POWER PARITY
dc.subjectCONSUMER PRICE INDEX
dc.subjectDECLINE IN POVERTY
dc.subjectPOLICY RESEARCH
dc.subjectPOVERTY RATE
dc.subjectPOOR
dc.subjectCONSUMPTION PER CAPITA
dc.subjectWELFARE MEASURE
dc.subjectEXCHANGE RATE
dc.subjectDEVELOPMENT INDICATORS
dc.subjectPOVERTY ANALYSIS
dc.subjectDEVELOPMENT POLICY
dc.subjectINEQUALITY
dc.subjectGROWTH
dc.titleGlobal Poverty Goals and Pricesen
dc.title.subtitleHow Purchasing Power Parity Mattersen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.date.disclosure2015-05-05
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/2015/05/24442564/global-poverty-goals-prices-purchasing-power-parity-matters
okr.globalpracticePoverty
okr.guid274691467991957918
okr.identifier.doi10.1596/1813-9450-7256
okr.identifier.externaldocumentum090224b082e3fedf_3_0
okr.identifier.internaldocumentum24442564
okr.identifier.reportWPS7256
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2015/05/05/090224b082e3fedf/3_0/Rendered/PDF/Global0poverty0power0parity0matters.pdfen
okr.topicPoverty Reduction::Living Standards
okr.topicPoverty Reduction::Poverty Lines
okr.topicPoverty Reduction::Pro-Poor Growth
okr.topicPoverty Reduction::Rural Poverty Reduction
okr.unitPoverty and Inequality Team, Development Research Group
relation.isAuthorOfPublicationa5bfeac1-cf4b-504a-8f79-9dc2aea50436
relation.isAuthorOfPublication.latestForDiscoverya5bfeac1-cf4b-504a-8f79-9dc2aea50436
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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