A. M. Khusro
Abstract
Relative international poverty is the extent of difference in the levels of living of various countries and is proposed to be measured in terms of a broad index of purchasing power of people. Such an index is derived by a Purchasing Power Parity (PPP) estimate of GNP per capita, which is worked out by the United Nations for inter-country comparisons.
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Relative international poverty is the extent of difference in the levels of living of various countries and is proposed to be measured in terms of a broad index of purchasing power of people. Such an index is derived by a Purchasing Power Parity (PPP) estimate of GNP per capita, which is worked out by the United Nations for inter-country comparisons.
Key concepts: Purchasing power parity, Poverty, Purchasing power, Index (typography), Per capita, Economics, Development economics, Demographic economics