The Economic Lives of the Poor
44 Pages Posted: 5 Jan 2007
Date Written: December 2006
This paper uses survey data from 13 countries to document the economic lives of the poor (those living on less than $2 dollar per day per capita at purchasing power parity) or the extremely poor (those living on less than $1 dollar per day). We describe their patterns of consumption and income generation as well as their access to markets and publicly provided infrastructure. The paper concludes with a discussion of some apparent anomalous choices.
Keywords: Consumption choices, development, poverty
JEL Classification: O10, O15, O16
Suggested Citation: Suggested Citation