Yeah, their definition of extreme poverty is actually more broad than the UN's right? Like $2/day or something instead of $1 (only slightly, but that distinction actually includes like several million more people at least)
I don’t have the numbers, but I think it was the opposite. The UN has "extreme poverty" as a greater wage, but China’s definition also includes minimum standards of health care or something. I remember it not being easily comparable so I didn’t care.
Yeah, you're right. Their definition is roughly equivalent to $1.70 vs $1.90 for the World Bank.
Wages don't account for free housing or public transport though, the use value of access to high speed rail is light-years higher than an extra 20¢/day. Also, average wages are closer to $4/day anyways so the point is moot.
Fair point, but it's still there and if you're able to get a job somewhere else you'll likely be able to use it. It's not like $1.70/day is the ceiling.
A lot of China's jobs programs revolve around using trains to get people from rural areas into cities where jobs pay better.
Isn't that because China had eliminated extreme poverty, and not impoverishment as a whole? Like, living under one dollar per day or something
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Yeah, their definition of extreme poverty is actually more broad than the UN's right? Like $2/day or something instead of $1 (only slightly, but that distinction actually includes like several million more people at least)
I don’t have the numbers, but I think it was the opposite. The UN has "extreme poverty" as a greater wage, but China’s definition also includes minimum standards of health care or something. I remember it not being easily comparable so I didn’t care.
Yeah, you're right. Their definition is roughly equivalent to $1.70 vs $1.90 for the World Bank.
Wages don't account for free housing or public transport though, the use value of access to high speed rail is light-years higher than an extra 20¢/day. Also, average wages are closer to $4/day anyways so the point is moot.
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Fair point, but it's still there and if you're able to get a job somewhere else you'll likely be able to use it. It's not like $1.70/day is the ceiling.
A lot of China's jobs programs revolve around using trains to get people from rural areas into cities where jobs pay better.
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