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Define 'decent living standards'.
I think Maslow's pyramid of needs would be a good starter. But let's be more concrete.
I'm sure they define that in the study if you read it
Well would you look at that, it sure does.
https://www.sciencedirect.com/science/article/pii/S2452292924000493
Recent empirical studies have established the minimum set of specific goods and services that are necessary for people to achieve decent-living standards (DLS), including nutritious food, modern housing, healthcare, education, electricity, clean-cooking stoves, sanitation systems, clothing, washing machines, refrigeration, heating/cooling, computers, mobile phones, internet, transit, etc. This basket of goods and services has been developed through an extensive literature (e.g., Rao and Min, 2017, Rao et al., 2019) and is summarized in Table 1, following Millward-Hopkins (2022).
Looking at Table 1 that's definitely acceptable. It skips a lot of things but that's why they say 30% with spare room for luxuries.
The study does, in fact. Or actually, bare minimum living standards:
Quoting from the article:
"It is important to understand that the DLS represents a minimum floor for decent living. It does not represent a an aspirational standard and certainly does not represent a ceiling. However, it is also a level of welfare not currently achieved by the vast majority of people. A new paper by Hoffman et al finds that 96.5 percent of people in low- and middle-income countries are deprived of at least one DLS dimension."