GGR112H1 Lecture Notes - Lecture 3: Gini Coefficient, Iqvia, Percentile

• School: UTSG
• Department: Geography and Planning
• Course: GGR112H1
• Professor: Lazar Konforti

Document Summary

Mi(cid:374)i(cid:373)u(cid:373) i(cid:374)(cid:272)o(cid:373)e (cid:374)eeded to li(cid:448)e a (cid:862)de(cid:272)e(cid:374)t(cid:863) life. Both national and international (purchasing power parity of 3. 10 usd/day or 1. 9 for extreme poverty) Ppp = exchange rate calculated based on the cost of living/purchasing power (big mac index) E. g. annual income of some in honduras may be less than the us, yet they can purchase the same, if not more with the same amount of usd. Natio(cid:374)al takes i(cid:374)to (cid:272)o(cid:374)sideratio(cid:374) lo(cid:272)al (cid:272)o(cid:374)ditio(cid:374)s; e. g. (cid:862)(cid:373)i(cid:374)i(cid:373)u(cid:373)(cid:863) housi(cid:374)g i(cid:374) Honduras could be a shack, whereas in canada that would be considered in humane as (cid:455)ou"d freeze to death i(cid:374) the wi(cid:374)ter. Ratio or % of population living below the poverty line. How far below the poverty line the average poor person is; usually expressed as a percentage of the poverty line / average income of everyone beneath the line vs. When comparing poverty between countries, the national poverty line must be considered when looking at nationally-released poverty rates.