A person living on below 2.10 USD (2023) per day (1.90 USD in 2022)
What is Poverty?
Austria is richer than Uganda. True of False?
This discussion is about measurements.
GDP per Capita is higher in Austria than in Uganda Poverty rate is lower in Austria than in Uganda
Uganda has more Gorillas, they are winning there
Growth from Space
Satellites have taken images every 14 days. They captures how much light is emitted by individual countries.
Light Emittence can be linked to GDP per Capita Great tool for evaluating the GDP and Poverty Rate of e.g. North Korea After this research North Korea is the 3rd poorest country with a poverty rate of 60%.
Study from Henderson
Growth from Open Source
Data Sources
- Open Street Map (Development of roads/infrastructure)
- Street View (size of doors because of refrigerators)
- Night Light Satellite Photographs → Jesus Crespo
- Day Light Satellite Photographs
- NASA Data
Growth based on GDP
richest:
- Oil based → rich but not growing
- Norway, Singapore → grown rich from being poor
poorest:
- sub-saharan countries → still getting poorer
Inequality
With the GINI Index we can approximate the complete inequality of a country with its complete income distribution.
Combating Poverty
Economic Growth (GDP per Capita) is good for the poor.
Income inequality is, from empirical data, not influencial when moving people out of poverty.
Different to Trickle Down Idea