50 likes | 241 Views
POVERTY LINE INCOME 1999. INCIDENCE OF POVERTY IN MALAYSIA (1999). URBAN = 3.4% RURAL = 12.4% AVERAGE = 7.9%. POVERTY LINE. It is a measure of poverty based on income.
E N D
INCIDENCE OF POVERTY IN MALAYSIA (1999) URBAN = 3.4% RURAL = 12.4% AVERAGE = 7.9%
POVERTY LINE • It is a measure of poverty based on income. • It is defined as a minimum level of income that a person is able to meet his/her basic needs – food, shelter, clothing, and basic education as well as health. • Poverty lines vary, based on time and place. (It is higher in the urban than rural areas). Each country has its own level of poverty line.
Other Measure of Poverty Line World Bank measure of Purchasing Power Parity (PPP) which is defined as the relative purchasing power of currencies across countries. The value is US$1 a day – 23% of the population in the developing world.
Absolute Poverty and Relative Poverty 1/3 of GNP per household C B Poverty Line A Population