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**** http://www.GOANET.org ****
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NEW BOOK: 'PATRIOTISM IN ACTION: Goans in Indias Defence Services'
With Foreword by Gen SF Rodrigues, PVSM, VSM, ADC (retd)
former Chief of Indian Army Staff
and Governor, Punjab & Administrator, Chandigarh UT
Copies now available at:
GOA: Literati (2277740), Other India (2263306), Broadway (6647038),
Mandovi (2427904), Noel DSilva & Associates (9823120454 / 9096781714),
Confidant / Golden Heart Emp (2732450), David & Co (2730326), Vardaan
(9527463684)
SERV / RETD Def Offrs in Goa: O/o Sainik Co-op Hse Bldg Sty, Def Col, Porvorim
(2417288)
MUMBAI: David & Co (22019010)
PUNE: Manneys (26131683), Popular (25678327)
BENGALURU: Narayan (22865800)
DELHI: Ritana (24617278)
ONLINE (worldwide delivery): http://www.ritanabooks.com,
http://goa1556.goa-india.org
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I am not an economist, but I have no problem trusting that World Bank
economists know enough about economics to adjust for inflation in their
calculations using 2005 prices as merely a standard for comparison.
Cheers,
Santosh
--- On Tue, 12/28/10, J. Colaco < jc> <[email protected]> wrote:
>
> I wonder if one can measure poverty in 1981 with poverty in
> 2005 based
> on a static figure of $ 1:25 a day.
>
> What can $1:25/day buy today (or could buy in 2005)
> compared with what
> $1:25/day was able to buy in 1981?
>
> If all one had available/day was $ 1:25, then hopefully,
> one could at
> least buy a few onions (at today's prices) or perhaps, just
> pretend to
> exist on some Navsagar mercifully 'adulterated' with
> adulterated
> carrot juice.
