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ceras on Oct 6, 2015 | parent | context | favorite | on: The Most Important Thing: Decline in poverty, illi...

It's already inflation-adjusted.

meow_mix on Oct 6, 2015 [–]

Where did you find that out ceras?

roymurdock on Oct 6, 2015 | [–]

Go to the site linked in the article: http://iresearch.worldbank.org/PovcalNet/index.htm?1

See column titled "Pov.line (PPP$/day)"

Click on column title to bring up this text: http://iresearch.worldbank.org/PovcalNet/Docs/dictionary.htm...

And there they give you the definition of PPP, aka purchasing power parity, and tell you they are using 2005 rates of consumption.

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