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Rethinking global poverty measurement

Authors: Khalid Abu-Ismail; Gihan Abou Taleb; Racha Ramadan;

Rethinking global poverty measurement

Abstract

[Introduction] From a money-metric perspective, poverty is a crystal-clear concept. A household is considered to be poor (poverty is typically estimated for households, not for individuals) if the total income or expenditure of its members lies below a specific threshold (referred to as the poverty line) which reflects the cost of meeting the family’s basic food and non-food needs. Poverty can be thus be defined in terms of the monetary value required to attain a particular level of welfare. In a way, money is a proxy for some of the broader dimensions of poverty - for example, with sufficient financial resources, households and individuals can conceivably purchase better health care and better education for their children. However, they cannot easily improve their own education or job opportunities or access good and sufficient public services if they are not there to begin with. Therefore, while the ‘money-metric’ indicator of poverty is a powerful tool to understand the scope of deprivation, it should, at the very least, be supplemented by other indicators of well-being. (...)

Keywords

ddc:330, Rethinking Global Poverty Measurement

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
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