What is Social Protection?

Dollar-a-day ($US1/day)

"An absolute poverty line introduced by the World Bank in 1990 to estimate global poverty. The dollar amount is revised over time to keep pace with inflation and now stands at $1.08 in 1996 prices. This is converted into local currencies using purchasing power parity (PPP) exchange rates".

Source: Chronic Poverty Research Centre. 2009. "The Chronic Poverty Report 2008-09: Escaping Poverty Traps". Chronic Poverty Research Centre. <http://www.chronicpoverty.org/uploads/publication_files/CPR2_ReportFull.pdf>. Accessed 26 October 2020.