When talking about global poverty, it is common to encounter a statistic about how X many people live on less than a dollar a day. The "dollar a day" metric for the international poverty line originated in the World Bank's 1990 World Development Report. In this report, the researchers found that the poverty lines in a few of the developing countries that they examined clustered around a dollar in purchasing power parity. The poverty line was meant to mark the minimum amount needed a person to feed, clothe, and provide shelter for her/himself. Today, the new international poverty line is at $1.25 a day.
Even though this definition of the poverty line has flaws (measuring absolute poverty rather than relative poverty) and these videos have some flaws (no haggling at the market?), I think this series provides an interesting look at food markets in many countries around the world.
For more about the poverty line, I recommend this article from The Economist, On the poverty line.
Even though this definition of the poverty line has flaws (measuring absolute poverty rather than relative poverty) and these videos have some flaws (no haggling at the market?), I think this series provides an interesting look at food markets in many countries around the world.
For more about the poverty line, I recommend this article from The Economist, On the poverty line.
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