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Portfolios of the Poor: How the World's Poor Live on $2 a Day is a book that aims to systematically explain how the poor find solutions to their everyday financial problems. [1] It is written by Stuart Rutherford, Jonathan Morduch, Orlanda Ruthven, and Daryl Collins.
Services includes home rents to transport, utility bills and private schools to domestic help. The prices of commodities are gathered from three types of stores: supermarket, medium-priced retailers and more expensive specialty shops. Only those outlets were considered where the quality of the products are comparable to international standards.
The most expensive disaster in human history is the Chernobyl disaster, costing an estimated $700 billion. [2] Chernobyl's circumstances make it a unique but particularly devastating situation that is unlikely to ever happen again.
Statistically, as of 2019, most of the world's population live in poverty: in PPP dollars, 85% of people live on less than $30 per day, two-thirds live on less than $10 per day, and 10% live on less than $1.90 per day. [3] According to the World Bank Group in 2020, more than 40% of the poor live in conflict-affected countries. [4]
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Cities from the Western world typically dominate the top 10, reflecting their widespread availability of goods and services, low personal risk, and an effective infrastructure. A 2010 opinion piece in The New York Times criticized the Economist Intelligence Unit for being overly Anglocentric , stating that: "The Economist equates liveability ...
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Before the invasion, Ukraine accounted for 11.5% of the world's wheat crop market, and contributed 17% of the world's corn crop export market, and the invasion caused wheat and corn from Ukraine unable to reach international market, causing shortages, and result in dramatic rise in prices, [113] that exacerbated to foodstuffs and biodiesel prices.
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