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What is Poverty Line

Handbook of Research on Behavioral Finance and Investment Strategies: Decision Making in the Financial Industry
A level of personal or family income below which one is classified as poor according to governmental standards.
Published in Chapter:
Social Exclusion and Poverty: EU 2020 Objectives and Turkey
Davuthan Günaydin (Namık Kemal University, Turkey), Hakan Cavlak (Namık Kemal University, Turkey), and Neslihan Cavlak (Namık Kemal University, Turkey)
DOI: 10.4018/978-1-4666-7484-4.ch010
Abstract
In this chapter The EU's 2020 Objectives concerning social exclusion and poverty and Turkey's vision on social exclusion and poverty based on tenth development plan and Justice and Development Party's 2023 vision is dealt. The EU has developed a growth strategy named “EU 2020” in 2010. The objective concerning social exclusion and poverty of this strategy is to rescue as much EU citizens as possible from social exclusion and poverty and decreasing the number of EU citizens who live under poverty line by 20%. Although Turkey is not officially obliged to follow goals stated in EU 2020 objectives, it is integral for Turkey to pursue those principles in order to be harmony with the EU and reach her final aim of being a member of the EU.
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More Results
Quality of Life in the Republic of North Macedonia Seen Through the Human Development Indicators
The poverty threshold, poverty limit or poverty line is the minimum level of income deemed adequate in a particular country. Determining the poverty line is usually done by finding the total cost of all the essential resources that an average human adult consumes in one year. The largest of these expenses is typically the rent required to live in an apartment, so historically, economists have paid particular attention to the real estate market and housing prices as a strong poverty line affecter. Individual factors are often used to account for various circumstances, such as whether one is a parent, elderly, a child, married, etc. The poverty threshold may be adjusted annually.
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Determination of Poverty Indicators Using Roc Curves in Turkey
A value of half the median income or consumption expenditures of equivalent household member.
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Social Science Education and Outreach as a Tool for Regional Development and Institutional Building: A Case Study in India
An imaginary line distinguishing the poor from the non poor based on a calculation of a chosen criteria such as calorie intake of food or annual household income required to provide the necessary food intake based on the prices fixed for the particular period.
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