POVERTY ACROSS THE PLANET. THREE WAYS TO MEASURE POVERTY Relative: Method used by the European and Scandinavian Nations (% of Median income of various.

POVERT

Y ACROSS T

HE

PLANET

THREE WAYS TO MEASURE POVERTY

Relative: Method used by the European and Scandinavian Nations (% of Median income of various size families)

Fixed: The American methodology—a dollar amount for each family size, unrelated to median income.

Absolute: World Bank Measure of Poverty in the less developed World

WORLD POVERTY: 2005

TWENTY-FIVE OF THE WORLD’S POOREST NATIONS

WHO USES THE WORLD’S RESOURCES?

PROGRESS IN REDUCING POVERTY

CHILD POVERTY

THE ROLE OF GOVERNMENT TRANSFERS IN REDUCING POVERTY