Poverty impact index
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Transcript of Poverty impact index
![Page 1: Poverty impact index](https://reader036.fdocuments.net/reader036/viewer/2022062401/58f0d53e1a28ab30548b4631/html5/thumbnails/1.jpg)
THE CONSTRUCTIONOF A
POVERTY IMPACT INDEXIN A
GLOBAL VALUE CHAIN ASSIGNMENTGary Baker
Cheryl JohnsonRachel Elfman
Corbin Smith
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BACKGROUND
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THE TEAM & ASSIGNMENT STRUCTURE
Photographer: Jeff M for Shorthttps://flic.kr/p/hZbGe
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STEP 1: CHOOSE A CONTINENT
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STEP 2: CHOOSE A PRODUCT
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STEP 3: COUNTRY PRESENTATIONS
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STEP 4: GLOBAL VALUE CHAIN PRESENTATIONS
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STEP 4: GLOBAL VALUE CHAIN PRESENTATIONS
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STEP 4: GLOBAL VALUE CHAIN PRESENTATIONS
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PREPARING STUDENTS FOR STEP 5
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STEP 5: VISUALIZING DATA & DETERMINING A PIIN
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PRODUCTDe Beers Aura Solitaire Ring
• 2.2 mm (0.09 in.) wide platinum ring
• 0.50ct - 0.59ct• $5,500.00
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ENTRY-LEVEL WAGES OF DIAMOND MINERS
5,700 Rand/month$472.50/month
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WAGES OF US DIAMOND CONSUMERS
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CPI OF BOTH NATIONS
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PRICES OF FOOD/STAPLES
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PRICES OF BASIC UTILITIES
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HUMAN DEVELOPMENT INDEX - S. AFRICA0.658 - RANKED 118 GLOBALLY
• Life expectancy• 56.92 years at birth• Government spends 8.52%
of GDP on Health• Education
• Mean years of schooling - 9.94• Expected years of schooling -
13.1• 93% of adults are literate• Government spends 5.98% of
GDP on Education• Gross National Income Per Capita
• $11,787.91 in 2011
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• Life expectancy• 78.94 years at birth• Government spends 17.85%
of GDP on Health• Education
• Mean years of schooling - 12.94
• Expected years of schooling -
16.5• Government spends 5.62%
of GDP on Education
• Gross National Income Per Capita• $52,308.38 in 2011
HUMAN DEVELOPMENT INDEX - US0.914 - RANKED 5 GLOBALLY
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TIME NECESSARY TO PURCHASE CHIEF STAPLES
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DENISON POVERTY IMPACT INDEX NUMBER
Algorithm:• m = hourly wage of producer or consumer• n = hourly wage of at poverty line S. Africa or in US
The lower the number, the more likely it is that the worker lives in poverty
Explanation
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DENISON PIIN COMPARISONS
S. Africa diamond miners:
18 for a $5,500 ring~15 for a $33,000 ring
Canadian diamond miner wage: $24.84 ($20.43 USD)
Canadian diamond miners:• 65 for a $4,580 ring• 53 for a $32,100 ring
PIIN - scale 1-100
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DENISON PIIN
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CONCLUDING REMARKS
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QUESTIONS
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