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“The poverty line in the U.S., for example, has nothing…” quote by Abhijit Banerjee
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“The poverty line in the U.S., for example, has nothing to do with the poverty line in India. It is a relative poverty line. It is reset from time to time but it is related to U.S. median income, so if I set that to be the absolute poverty line everyone in India would essentially be poor.”

Abhijit Banerjee

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