Definition: $2-per-day Poverty

$2-per-day Poverty - "a real income international line for poverty equivalent to $PPP2 in 1985 and $PPP2.92 in 1998, which provides for consumption in excess of the bare physical minimum, but varies from country to country, reflecting the cost of participating in the everyday life of society, for example including indoor plumbing and potable water as a necessity in some countries." - source: Economic Development 4th Edition by E. Wayne Nafziger