Extreme Poverty and Slavery
Extreme Poverty is based on the poverty line of the World Bank (2015) of 1,90 US$ per person per day. It is based on the absolute minimum amount of money needed to feed a family, resulting in the absolute minimum net wage that is required: 0,935 Int $ PPP per hour. Since the food price is relatively unchanged (FAO Food Price Index), this poverty line is not changed.
For a wage of zero (slavery), the indicator is proposed as 1 DALY/year. The reason for this default value, and the deliberations why, is similar to that of Child Labour. For details see (Van der Velden et al., 2017, supplementary materials)
s-eco-costs-EP = 35.71 (0.96-Sal)/0,935 if Sal <0,935
s-eco-costsEP = 0 if Sal >0,935
s-eco-costs-EP = s-eco-costs of Extreme Poverty (€/hr)
Sal = actual net salary per hour (Int $ PPP/hr)