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.
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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)
deleted by creator
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.
deleted by creator