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Defining Poverty in the Developing World

Defining Poverty in the Developing World PDF Author: Frances Stewart
Publisher: Palgrave MacMillan
ISBN:
Category : Business & Economics
Languages : en
Pages : 288

Book Description
Despite increasing acceptance that poverty is multidimensional, most policy work adopts a monetary definition. Using data for India and Peru, the authors compare four different approaches to poverty analysis at a theoretical and empirical level. Defining Poverty in the Developing World compares and contrasts monetary, capabilities, social exclusion and participatory approaches in a highly informative manner. The research elucidates the implications for measuring poverty and for policy, concluding that the approach chosen does make a marked difference to conclusions drawn.

Defining Poverty in the Developing World

Defining Poverty in the Developing World PDF Author: Frances Stewart
Publisher: Palgrave MacMillan
ISBN:
Category : Business & Economics
Languages : en
Pages : 288

Book Description
Despite increasing acceptance that poverty is multidimensional, most policy work adopts a monetary definition. Using data for India and Peru, the authors compare four different approaches to poverty analysis at a theoretical and empirical level. Defining Poverty in the Developing World compares and contrasts monetary, capabilities, social exclusion and participatory approaches in a highly informative manner. The research elucidates the implications for measuring poverty and for policy, concluding that the approach chosen does make a marked difference to conclusions drawn.

Understanding Poverty

Understanding Poverty PDF Author: Abhijit Vinayak Banerjee
Publisher: Oxford University Press
ISBN: 0198041535
Category : Social Science
Languages : en
Pages : 496

Book Description
Understanding poverty and what to do about it, is perhaps the central concern of all of economics. Yet the lay public almost never gets to hear what leading professional economists have to say about it. This volume brings together twenty-eight essays by some of the world leaders in the field, who were invited to tell the lay reader about the most important things they have learnt from their research that relate to poverty. The essays cover a wide array of topics: the first essay is about how poverty gets measured. The next section is about the causes of poverty and its persistence, and the ideas range from the impact of colonialism and globalization to the problems of "excessive" population growth, corruption and ethnic conflict. The next section is about policy: how should we fight poverty? The essays discuss how to get drug companies to produce more vaccines for the diseases of the poor, what we should and should not expect from micro-credit, what we should do about child labor, how to design welfare policies that work better and a host of other topics. The final section is about where the puzzles lie: what are the most important anomalies, the big gaps in the way economists think about poverty? The essays talk about the puzzling reluctance of Kenyan farmers to fertilizers, the enduring power of social relationships in economic transactions in developing countries and the need to understand where aspirations come from, and much else. Every essay is written with the aim of presenting the latest and the most sophisticated in economics without any recourse to jargon or technical language.

Poverty and Shared Prosperity 2018

Poverty and Shared Prosperity 2018 PDF Author: World Bank
Publisher: World Bank Publications
ISBN: 1464813604
Category : Business & Economics
Languages : en
Pages : 198

Book Description
The World Bank Group has two overarching goals: End extreme poverty by 2030 and promote shared prosperity by boosting the incomes of the bottom 40 percent of the population in each economy. As this year’s Poverty and Shared Prosperity report documents, the world continues to make progress toward these goals. In 2015, approximately one-tenth of the world’s population lived in extreme poverty, and the incomes of the bottom 40 percent rose in 77 percent of economies studied. But success cannot be taken for granted. Poverty remains high in Sub- Saharan Africa, as well as in fragile and conflict-affected states. At the same time, most of the world’s poor now live in middle-income countries, which tend to have higher national poverty lines. This year’s report tracks poverty comparisons at two higher poverty thresholds—$3.20 and $5.50 per day—which are typical of standards in lower- and upper-middle-income countries. In addition, the report introduces a societal poverty line based on each economy’s median income or consumption. Poverty and Shared Prosperity 2018: Piecing Together the Poverty Puzzle also recognizes that poverty is not only about income and consumption—and it introduces a multidimensional poverty measure that adds other factors, such as access to education, electricity, drinking water, and sanitation. It also explores how inequality within households could affect the global profile of the poor. All these additional pieces enrich our understanding of the poverty puzzle, bringing us closer to solving it. For more information, please visit worldbank.org/PSP

Monitoring Global Poverty

Monitoring Global Poverty PDF Author: World Bank
Publisher: World Bank Publications
ISBN: 1464809623
Category : Business & Economics
Languages : en
Pages : 176

Book Description
In 2013, the World Bank Group announced two goals that would guide its operations worldwide. First is the eradication of chronic extreme poverty bringing the number of extremely poor people, defined as those living on less than 1.25 purchasing power parity (PPP)†“adjusted dollars a day, to less than 3 percent of the world’s population by 2030.The second is the boosting of shared prosperity, defined as promoting the growth of per capita real income of the poorest 40 percent of the population in each country. In 2015, United Nations member nations agreed in New York to a set of post-2015 Sustainable Development Goals (SDGs), the first and foremost of which is the eradication of extreme poverty everywhere, in all its forms. Both the language and the spirit of the SDG objective reflect the growing acceptance of the idea that poverty is a multidimensional concept that reflects multiple deprivations in various aspects of well-being. That said, there is much less agreement on the best ways in which those deprivations should be measured, and on whether or how information on them should be aggregated. Monitoring Global Poverty: Report of the Commission on Global Poverty advises the World Bank on the measurement and monitoring of global poverty in two areas: What should be the interpretation of the definition of extreme poverty, set in 2015 in PPP-adjusted dollars a day per person? What choices should the Bank make regarding complementary monetary and nonmonetary poverty measures to be tracked and made available to policy makers? The World Bank plays an important role in shaping the global debate on combating poverty, and the indicators and data that the Bank collates and makes available shape opinion and actual policies in client countries, and, to a certain extent, in all countries. How we answer the above questions can therefore have a major influence on the global economy.

Poverty Comparisons

Poverty Comparisons PDF Author: M. Ravallion
Publisher: Taylor & Francis
ISBN: 1136469214
Category : Business & Economics
Languages : en
Pages : 168

Book Description
Poverty comparisons - such as whether poverty has increased, or where it is greatest, are typically clouded in conceptual and methodological uncertainties. How should individual well-being be assessed in deciding who is poor? Is a household survey a reliable guide? Where should the poverty line be drawn, and does the choice matter? This monograph surveys the issues that need to be considered in answering these questions, providing an accessible introduction to the most recent literature. The strengths and weaknesses of past methods are discussed, and a summary of methodological recommendations is given. A number of new analytical tools are described which can greatly facilitate poverty comparisons, recognising the uncertainties involved.

Path to Poverty: Understanding the Systemic Causes and Consequences of Economic Inequality

Path to Poverty: Understanding the Systemic Causes and Consequences of Economic Inequality PDF Author: Marcus Edward Bond
Publisher: Marcus Edward Bond
ISBN:
Category : Biography & Autobiography
Languages : en
Pages : 45

Book Description
Defining Poverty: An Introduction Poverty is a complex and multifaceted issue that affects millions of people around the world. However, defining poverty can be a difficult task, as there are many different factors that contribute to it, and it can manifest in different ways depending on the context. At its core, poverty can be described as a lack of access to resources, such as food, water, healthcare, and education. However, poverty can also refer to a lack of social and economic opportunities, as well as a lack of agency and voice. This can make it difficult to define poverty in a way that captures all of its different dimensions. One way that poverty is often measured is through income-based measures. These measures typically use a poverty line, which is a specific income threshold below which individuals or families are considered to be living in poverty. However, this approach has been criticized for being too narrow and not capturing the full extent of poverty, particularly in developing countries where non-monetary factors such as access to basic services may be more important. Multidimensional measures of poverty have been developed as an alternative to income-based measures. These measures take into account a range of different factors, including access to basic services, education, health, and living standards. This approach provides a more comprehensive view of poverty, but it can be difficult to compare results across different countries or regions. Subjective measures of poverty are another approach that has been developed to capture the subjective experience of poverty. These measures ask individuals to self-report their level of satisfaction with their living conditions, income, and access to basic services.

Attacking Poverty

Attacking Poverty PDF Author:
Publisher: World Bank Publications
ISBN: 9780195211290
Category : Business & Economics
Languages : en
Pages : 356

Book Description
At the start of each decade the World Development Report focuses on poverty reduction. The World Development Report, now in its twenty-third edition, proposes an empowerment-security-opportunity framework of action to reduce poverty in the first decades of the twenty-first century. It views poverty as a multidimensional phenonmenon arising out of complex interactions between assets, markets, and institutions. This Report shows how the experience of poverty reduction in the last fifteen years has been remarkably diverse and how this experience has provided useful lessons as well as warnings against simplistic universal policies and interventions. It shows how current global trends present extraordinary opportunities for poverty reduction but also cause extraordinary risks, including growing inequality, marginalization, and social explosions. The World Development Report 2000/2001 explores the challenge of managing these risks in order to make the most of the opportunities for poverty reduction.

Poverty

Poverty PDF Author: Paul Spicker
Publisher: Bloomsbury Publishing
ISBN: 1848131097
Category : Social Science
Languages : en
Pages : 257

Book Description
This second edition of this highly-successful glossary provides an exhaustive and authoritative guide to over 200 technical terms used in contemporary scholarly research on poverty. It seeks to make researchers, students and policy makers aware of the multi-dimensional and complex nature of this social condition. This revised edition includes a range of new entries to keep pace with an expanding field of discourse, an extended set of references, and further perspectives from developing countries. A particular effort has been made to incorporate non-Western approaches and concepts.

Handbook on Poverty + Inequality

Handbook on Poverty + Inequality PDF Author: Jonathan Haughton
Publisher: World Bank Publications
ISBN: 0821376144
Category : Business & Economics
Languages : en
Pages : 446

Book Description
For anyone wanting to learn, in practical terms, how to measure, describe, monitor, evaluate, and analyze poverty, this Handbook is the place to start. It is designed to be accessible to people with a university-level background in science or the social sciences. It is an invaluable tool for policy analysts, researchers, college students, and government officials working on policy issues related to poverty and inequality.

Global Poverty

Global Poverty PDF Author: Andrew Sumner
Publisher: Oxford University Press
ISBN: 019870352X
Category : Business & Economics
Languages : en
Pages : 205

Book Description
An in-depth analysis of the global poverty 'problem' and how it is framed and understood. The volume questions existing theories of the causes of global poverty and argues that global poverty is gradually becoming a question of national distribution.