Martin Ravallion, 12 January 2015

The proportion of the population in the developing world that lives below the poverty line has been decreasing. This column argues, however, that such a counting approach is not the only way to assess whether the poorest have been reached. An alternative is to use the success in raising the consumption floor as an indicator of social progress. When applying such an approach, the author finds little progress for the poorest.    


CEPR Policy Research