With the recent release of the 2011 purchasing power parity (PPP) data from the International Comparison Program (ICP … 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 … world. This paper presents evidence that if the global poverty line is updated with the 2011 PPP data based on the same set …

This paper critically reviews the recent changes to the Global Poverty numbers generated by the World Bank in 2008 … numbers were on weak foundations, the new numbers on levels of poverty in the developing world create new uncertainties und … cannot be very certain about levels of absolute poverty in the world and that the current method for generating these …