What am I misreading here? It seems the chart shows 45% of Mexico's population living under $2 a day. That can't be right, can it? Income per capita in 2008 was $9,000.
@Tom (#2): Rates of poverty are calculated on income reported in household surveys, and usually under-report actual household income. A measure of that is a comparison between per capita income in surveys with per capita "personal disposable income" (which is total national income minus government revenue and non-distributed corporate profits). The two usually differ substantially.
3 comments:
Let's make energy more expensive so we can improve their quality of life.
What am I misreading here? It seems the chart shows 45% of Mexico's population living under $2 a day. That can't be right, can it? Income per capita in 2008 was $9,000.
@Tom (#2):
Rates of poverty are calculated on income reported in household surveys, and usually under-report actual household income. A measure of that is a comparison between per capita income in surveys with per capita "personal disposable income" (which is total national income minus government revenue and non-distributed corporate profits). The two usually differ substantially.
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