Poverty, in its universality, seems immediately understandable and yet, as a global problem, its dissolution remains highly complex.To illustrate what it means to live at the poverty line, Stefen Chow and Huiyi Lin visited thirty-six cities on six continents, and examined poverty with regards to food. From the local markets, they bought vegetables, fruits, cereal products, proteins and snacks - the amount of food they could afford per day based on the respective poverty line definition set by each government. They photographed the resulting pile of food, placed on a page of a local newspaper they bought that day. Using visual typology and artistic research as their guiding principle, they carefully calibrated lighting and shooting distance to ensure uniformity and comparability. In this visual reader, Chow and Lin embark on an economic comparison between the thirty-six countries and territories making the problem of poverty visible and comprehensible. In addition to the examination of the poverty line and its meaning across the world, the duo selected nine foods available in most of the economies observed to illustrate the globalization of production and the variations in prices and consumption. The book is enriched by texts that shed light on issues around the poverty line as a global phenomenon: The authors relate to the challenges of our society and the UN 2030 Agenda for Sustainable Development whose first of seventeen goals is to end poverty in all its forms.

The so-called Great Recession that followed the global financial crisis at the end of 2007 was the largest economic downturn since the 1930s for most rich countries. To what extent were household incomes affected by this event, and how did the effects differ across countries? This is the first cross-national study of the impact of the Great Recession on the distribution of household incomes. Looking at real income levels, poverty rates, and income inequality, it focusses on the period 2007-9, but also considers longer-term impacts. Three vital contributions are made. First, the book reviews lessons from the past about the relationships between macroeconomic change and the household income distribution. Second, it considers the experience of 21 rich OECD member countries drawing on a mixture of national accounts, and labour force and household survey data. Third, the book presents case-study evidence for six countries: Germany, Ireland, Italy, Sweden, the UK, and the USA. The book shows that, between 2007 and 2009, government support through the tax and benefit system provided a cushion against the downturn, and household income distributions did not change much. But, after 2009, there is likely to be much greater change in incomes as a result of the fiscal consolidation measures that are being put into place to address the structural deficits accompanying the recession. The book's main policy lesson is that stabilisation of the household income distribution in the face of macroeconomic turbulence is an achievable policy goal, at least in the short-term.