Is the extreme poverty line a good measure of food insecurity and nutritional status? It is said that an individual who is above the extreme poverty line has enough resources to achieve a basic food basket. In Peru, extreme poverty has increased 7.5% between 1998 and 2002; however, daily calorie...

"This paper analyzes trends in poverty, income inequality and social policies in Peru in the last twenty years. Our objective is to explain what lies behind the generalized perception and complain by Peruvians that welfare and living standards have not got any better in at least two generations....