LA se Karachi
FULL MEMBER
Long way to go though.. I'am surprised at Maldives though yes they're a small island chain and has a higher GDP per capita than SL but also a higher percentage of those under poverty, Intriguing
Yes. Although being a rather small country, the Maldives would have more inequality to me. There are less "real" middle income jobs to go around. Sri Lanka on the other hand is a much more populated country with a much more developed economy.
Lead Economist of the WB Dhaka office Zahid Hussain in a presentation said the extreme poverty has gone down as the PPP exchange rate for Bangladesh appreciated from Tk 52.4 per US$ in 2005 to Tk 24.8 per US$ in 2011 due to methodological upgradation.
I'm not entirely sure what this means. The PPP should adjust for current exchange rates.
@Nilgiri Maybe you can help?