Abstract:
The paper provides estimates of global relative poverty trends from 1970 onwards. Relative poverty is shown to have decreased significantly, but at the same time there has been a worsening poverty outcome among up to one billion of the world's poorest citizens. The paper also proposes a straightforward method for dividing an income distribution into classes of poor, rich, and middle-class.
More papers in IMF Working Papers from International Monetary Fund Address: International Monetary Fund, Washington, DC USA Contact information at EDIRC. Series data maintained by Christopher F. Baum ().
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