Global Poverty Decline Quiz
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Questions and Answers

What percentage of the global population lived in poverty in 1820, according to Bourguignon and Morrison (2002)?

83.9%

What was the approximate number of people living on less than US$1.90 per day in 1990?

1.9 billion

Which region experienced the most significant decrease in poverty rates between 1990 and 2013?

East Asia and South Asia

What is the poverty line used to define extreme poverty in 2017?

<p>US$2.15 per day</p> Signup and view all the answers

What was the approximate number of people living in poverty in 2019, according to the World Bank?

<p>0.648 billion</p> Signup and view all the answers

What is the Multidimensional Poverty Index (MPI) and what aspects of poverty does it consider?

<p>The Multidimensional Poverty Index is a measure of poverty that considers multiple aspects of poverty, including income, health, education, and social exclusion.</p> Signup and view all the answers

What is the international poverty line for extreme poverty, and what is the updated poverty line set by the World Bank in 2022?

<p>The international poverty line for extreme poverty is $1.90 per person per day (2011 PPP), and the updated poverty line set by the World Bank in 2022 is $2.15 in 2017 PPP.</p> Signup and view all the answers

What is the headcount ratio, and what does it measure?

<p>The headcount ratio, also known as the poverty rate or incidence of poverty, measures the proportion of the population with income or consumption levels below the poverty line.</p> Signup and view all the answers

What is the poverty gap ratio, and what does it measure?

<p>The poverty gap ratio measures the difference between the poverty line and the mean income or consumption of the poor, expressed as a percentage of the poverty line.</p> Signup and view all the answers

What is the difference between absolute and relative poverty lines?

<p>Absolute poverty lines are fixed lines, such as $1.90 per person per day, while relative poverty lines are a percentage of the median income, such as 60% in the UK.</p> Signup and view all the answers

What is the purpose of poverty lines, and how are they used?

<p>Poverty lines are used to determine whether a household or individual is poor, and they are used to track poverty rates and monitor progress in reducing poverty.</p> Signup and view all the answers

What is the Palma ratio used to measure?

<p>Income inequality</p> Signup and view all the answers

Which country had a Gini index of 63.4 in 2013?

<p>South Africa</p> Signup and view all the answers

In what year did global income inequality start declining after rising for about two centuries?

<p>Early 1990s</p> Signup and view all the answers

What is the Income quintile share ratio also known as?

<p>S80/S20 ratio</p> Signup and view all the answers

Which measure calculates the mean log deviation in income inequality?

<p>Theil-L index</p> Signup and view all the answers

What are the two components of global income inequality tracked since 1800?

<p>Within-country inequality and Between-country inequality</p> Signup and view all the answers

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