LEADER 01858cam a22003855i 4500001 99131234653806421 005 20200629162010.0 006 m d 007 cr cn||||||||| 008 020129s2020 dcu o i00 0 eng^^ 024 7 10.1596/33816 |2doi 035 (CKB)4920000001214844 035 (The World Bank)33816 035 (US-djbf)33816 035 (EXLCZ)994920000001214844 040 DJBF |beng |cDJBF |erda 100 1 Atamanov, Aziz. 245 14 The Effect of New PPP Estimates on Global Poverty : |bA First Look / |cAziz Atamanov. 246 Effect of New PPP Estimates on Global Poverty 264 1 Washington, D.C. : |bThe World Bank, |c2020. 336 text |btxt |2rdacontent 337 computer |bc |2rdamedia 338 online resource |bcr |2rdacarrier 347 data file |2rda 490 1 Other papers 520 3 This paper provides an initial analysis of the impact on the World Bank's global poverty estimates of the revised 2011 and new 2017 PPPs published in May 2020. The revised 2011 PPPs slightly increase poverty in South Asia and Sub-Saharan Africa, causing the extreme poverty headcount ratio for the world to rise by 0.3 percentage points to 10.3 percent in 2015 (equivalent to 20 million more poor people). The 2017 PPPs have the opposite effect: extreme poverty decreases in Sub-Saharan Africa, reducing the global poverty estimate slightly by 0.6pp to 9.4 percent in 2015 (equivalent to 46 million fewer poor people). The long-run trends in global and regional poverty remain unchanged. 650 4 Poverty Assessment 650 4 Poverty Lines 650 4 Poverty Monitoring and Analysis 650 4 Poverty Reduction 650 4 Purchasing Power Parity 700 1 Lakner, Christoph. 700 1 Mahler, Daniel Gerszon. 700 1 Tetteh Baah, Samuel Kofi. 700 1 Yang, Judy. 830 0 Other papers. 830 0 World Bank e-Library. 906 BOOK