sc94597 on 26 May 2016
| WolfpackN64 said: Can't see the original picture. Anyway, the best metric for poverty would be GDP/PPP adjusted for both inflation and GINI. I can imagine the poverty rate declining because of the meteoric rise of China, but since China has become a very unequal society, the decline in poverty has largely stopped. |
And South America, the Middle East, and Africa will be next (in that order.) India too, if they can ditch their bureaucracy.
As for the GINI, this is a measurement of absolute poverty. I am still wondering why relative poverty matters? Especially when Western societies have a lot of social mobility.
