The poor (as opposed to the extreme poor) are defined to be those who live on less than $2 per person per day. To put all this in perspective, the poverty line in the US works out to be something like $13 a day. How does someone live on $1 per person per day? Or for that matter, how does one live on $2 per person per day? What do they spend their money on? How do they earn their living? What kind of infrastructure do they have access to?
In a recent study, Abhijit Banerjee and Esther Duflo of MIT look at household level survey data from 13 countries, including India (listed in table 1), and describe the patterns of consumption and income generation of the extremely poor, as well as their access to markets and public goods.* This is based on the
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