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Measuring Global Poverty: Past, Present, and Future

  • MC13-121 Washington, DC (map)

Hosted by: World Bank

In this talk Francisco Ferreira will review our experience with global poverty measurement so far. He will focus in particular on the most recent poverty update, which incorporated the 2011 PPP data released last year. The latest PPP update led to a substantial re-assessment of relative purchasing powers around the world, and hence to a large nominal change in the poverty line: from $1.25 to $1.90/day. He will review the principles, practices, and pitfalls involved in the latest update, and then discuss some of the ideas being floated for the future of global poverty measurement at the World Bank.