The paper provides new measures of global poverty that take seriously the idea of relative-income comparisons but also … acknowledge a deep identification problem when the latent norms defining poverty vary systematically across countries. Welfare … model of relative-income comparisons calibrated to data on national poverty lines. Both bounds indicate falling global …

Longstanding development issues are revisited in the light of our newly-constructed dataset of poverty measures for … India spanning 60 years, including 20 years since reforms began in earnest in 1991. We find a downward trend in poverty … measures since 1970, with an acceleration post-1991, despite rising inequality. Faster poverty decline came with both higher …