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Page last updated at 09:12 GMT, Monday, 13 July 2009 10:12 UK

How do people live on $2 a day?


Billions of people in the world live on $2 per day, but how do they do it? The sometimes quite sophisticated financial strategies adopted by people living on £1.25 per day are analysed in Portfolios of the Poor: How the World's Poor Live on $2 a Day. Author Jonathan Morduch describes what they found from tracking the financial diaries of low income people around the world.

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