More than 1.6 billion people live in poverty, new report shows
Nearly one out of every four people in the world is living in poverty, according a new report from an economic research group. At more than 1.6 billion people, the group’s estimate is higher than the World Bank’s of just more than 1 billion people.
The Oxford Poverty and Human Development Initiative looked at 101 countries for this year’s Global Multidimensional Poverty Index. The 5.2 billion people living in those places make up roughly 75 percent of the world’s population. Of those 5.2 billion people, more than 1.6 billion are classified as living in multidimensional poverty. It means they lack basics like clean water, adequate sanitation, education and more. The group’s criteria differ from the World Bank, which defines the poverty line as $1.25 per day.
“[P]eople assume that those living in income poverty are the same people that live in multidimensional poverty – but this is often not the case. Only by using both measures alongside each other can we capture the true reality of poverty,” said Sabina Alkire, director of Oxford Poverty and Human Development Initiative, in a statement.
Looking at poverty as a multidimensional problem allows for better understanding of what the report calls “intensities of poverty.” The data behind the index can show regions of countries where child mortality is a problem, and other places where there is a lack of access to electricity.
http://www.humanosphere.org/basics/2015/06/more-than-1-6-billion-people-live-in-poverty-says-index/
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