Erkin Unlu

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The present IPL theoretically reflects what $1.25 could buy in the United States in 2005. But the US government itself calculated that in 2005 the average person needed at least $4.58 per day simply to meet minimum nutritional requirements, and that is to say nothing of housing and other costs necessary for basic survival.34 According to British economist David Woodward, living at this level in the UK would be ‘equivalent to 35 people living on a single minimum wage, with no benefits of any kind, no gifts, borrowing, scavenging, begging or savings to draw on (since these are all included as ...more
The Divide: A Brief Guide to Global Inequality and its Solutions
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