The ultra poor generally do not own land and are caught in the low-wage activities of day labourers. They are on the brink of subsistence. And when you are struggling just to maintain your level of subsistence today, you do not have the luxury of worrying too much about—or saving for—tomorrow.
Being in the business of measuring poverty is a challenge for the World Bank. If poverty declines, critics accuse us of trying to showcase our success. If it rises, they say we are ensuring that we stay in business. And if it stays the same, they accuse us of trying to avoid these two charges.
The ultra poor generally do not own land and are caught in the low-wage activities of day labourers. They are on the brink of subsistence. And when you are struggling just to maintain your level of subsistence today, you do not have the luxury of worrying too much about—or saving for—tomorrow.
Being in the business of measuring poverty is a challenge for the World Bank. If poverty declines, critics accuse us of trying to showcase our success. If it rises, they say we are ensuring that we stay in business. And if it stays the same, they accuse us of trying to avoid these two charges.