Economic Development Indices Questions
The Poverty Index (PI) is a measure used to assess the level of poverty within a specific population or region. It is typically calculated by considering various indicators such as income levels, access to basic services, education, healthcare, and living conditions. The PI provides a numerical value or percentage that represents the proportion of the population living below the poverty line or experiencing severe deprivation. It is a useful tool for policymakers and researchers to understand the extent of poverty and to design targeted interventions for poverty alleviation.