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View all search resultsThe economic fallout from the coronavirus pandemic could plunge an extra 395 million people into extreme poverty and swell the total number of those living on less than $1.90 a day worldwide to more than 1 billion, researchers said in a report on Friday.
In a speech at the National Health Work Meeting in Jakarta on Wednesday, Muhadjir suggested that rich people should marry those who came from low-income families, arguing that such marriages would help reduce the national poverty rate.
The poverty rate -- the ratio between the number of poor people and the total population -- in Jakarta was recorded at 3.42 percent in September last year, the third lowest since widespread reforms were introduced in 1998.
Economic activity acts through the choices that people make about how to allocate their resources. Our decisions regarding saving, spending, technology usage and labor market participation vary between one and another, and also among countries.
In the wake of the recognition that poverty is a multidimensional problem, Indonesia still favors the outdated measures of poverty based on income and consumption. The poverty data of Statistics Indonesia (BPS) might provide us with information on the main determinants of consumption-based poverty in the provinces. Yet, when it comes to the non-monetary dimensions of poverty, we remain clueless.
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