Did Global Poverty just fall a lot, quite a bit or not at all?
Andy Sumner –
The future of aid is related – to some extent – to trends in global poverty and where the poor live. But new price data is causing a rethink of the global poverty numbers (and which countries are absolutely or relatively poor, but I will save that for another blog)…poverty didn’t change in real life but how we measure it will as a result of the new data…nutrition, health and education poverty data didn’t change with the price revisions. With the annual multi-dimensional poverty estimates at 1.6bn people last year (a figure substantially higher than any of the monetary poverty estimates above), maybe more attention should be given to these in the forthcoming discussion on estimating global poverty.
Reading Development 