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Essay from the year 2005 in the subject Economics - International Economic Relations, grade: A, Gotland University, course: Multinational Finance, language: English, abstract: The Copenhagen Declaration describes absolute poverty as "a condition characterised by severe deprivation of basic human needs, including food, safe drinking water, sanitation facilities, health, shelter, education and information." The World Bank identifies "extreme poverty" as being people who live on less than USD $1 a day, and "poverty" as less than $2 a day.