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I’m Paul Niehaus of GiveDirectly. We’re testing a basic income for the extreme poor in East Africa. AMA! by paulniehaus in IAmA
[–]fo747 8 points9 points10 points 3 years ago (0 children)
I think it means they would give $0.75 in actual money and, given differences in prices between the United States and Kenya, this would give the recipient the purchasing power of $1.50, when considering that goods are cheaper to buy in Kenya.
PPP would be Purchasing Power Parity: https://en.wikipedia.org/wiki/Purchasing_power_parity
π Rendered by PID 29499 on r2-app-08c9eb08eda9ea0ca at 2020-04-11 11:02:01.864339+00:00 running 8cb9186 country code: US.
I’m Paul Niehaus of GiveDirectly. We’re testing a basic income for the extreme poor in East Africa. AMA! by paulniehaus in IAmA
[–]fo747 8 points9 points10 points (0 children)