Deaton, Angus - In: American Economic Review 100 (2010) 1, pp. 5-34
I discuss the measurement of world poverty and inequality, with particular attention to the role of purchasing power … the ICP, and this reduced the global poverty line relative to the US dollar. The recent large increase of nearly half a … billion poor people came from an inappropriate updating of the global poverty line, not from the ICP revisions. Even so, PPP …