2007•RePEc: Research Papers in EconomicsOpen access

Poorest and hungry : looking below the line

Akhter Ahmed, Ruth Vargas Hill, Doris Wiesmann

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Abstract

Today, there are about 1 billion extremely poor people in the developing world who subsist on less than $1 a day. Of those, half a billion live on less than 75 cents a day and 162 million live on less than 50 cents. The most unfortunate consequence of widespread poverty is that more than 800 million people cannot afford to meet their minimum calorie requirements. Chronically underfed and largely without assets other than their own labor power, they remain highly vulnerable to the crushing blows of illness and natural or human-made calamities. These extreme poor are a group that hovers on the outer limits of human survival.

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Today, there are about 1 billion extremely poor people in the developing world who subsist on less than $1 a day. Of those, half a billion live on less than 75 cents a day and 162 million live on less than 50 cents. The most unfortunate consequence of widespread poverty is that more than 800 million people cannot afford to meet their minimum calorie requirements. Chronically underfed and largely without assets other than their own labor power, they remain highly vulnerable to the crushing blows of illness and natural or human-made calamities. These extreme poor are a group that hovers on the outer limits of human survival.

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Available abstract

Today, there are about 1 billion extremely poor people in the developing world who subsist on less than $1 a day. Of those, half a billion live on less than 75 cents a day and 162 million live on less than 50 cents. The most unfortunate consequence of widespread poverty is that more than 800 million people cannot afford to meet their minimum calorie requirements. Chronically underfed and largely without assets other than their own labor power, they remain highly vulnerable to the crushing blows of illness and natural or human-made calamities. These extreme poor are a group that hovers on the outer limits of human survival.

Key concepts: Extreme poverty, Poverty, Millennium Development Goals, Liberian dollar, Development economics, Poor people, Natural disaster, Developing country

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