The Oxford Poverty & Human Development Initiative discovered that the United Nations has been underestimating worldwide poverty numbers by an astounding 400 million people.
United Nations Development Programme has measured world poverty using its Human Poverty Index (HPI). The HPI defined poverty as those making less than $1.25 a day. It was flawed because it counted countries as one whole mass, unable to differentiate degrees of poverty within a country and locate the worst pockets. And second, it placed all of its scrutiny on income, without considering other indicators such as health and education.
More than half of the impoverished population in developing countries lives in South Asia, and another 29 percent in Sub-Saharan Africa. Seventy-one percent of MPI’s poor live in what is considered middle income countries—countries where development and modernization in the face of globalization is in full swing, but some are left behind. Niger is home to the highest concentration of multidimensionally poor, with nearly 90 percent of its population lacking in MPI’s socioeconomic indicators.
http://www.theatlantic.com/business/archive/2014/06/weve-been-measuring-the-number-of-poor-people-in-the-world-wrong/373073/
United Nations Development Programme has measured world poverty using its Human Poverty Index (HPI). The HPI defined poverty as those making less than $1.25 a day. It was flawed because it counted countries as one whole mass, unable to differentiate degrees of poverty within a country and locate the worst pockets. And second, it placed all of its scrutiny on income, without considering other indicators such as health and education.
More than half of the impoverished population in developing countries lives in South Asia, and another 29 percent in Sub-Saharan Africa. Seventy-one percent of MPI’s poor live in what is considered middle income countries—countries where development and modernization in the face of globalization is in full swing, but some are left behind. Niger is home to the highest concentration of multidimensionally poor, with nearly 90 percent of its population lacking in MPI’s socioeconomic indicators.
http://www.theatlantic.com/business/archive/2014/06/weve-been-measuring-the-number-of-poor-people-in-the-world-wrong/373073/
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