The Economics of Poverty
History, Measurement, and Policy
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Product details:
- Publisher OUP USA
- Date of Publication 28 January 2016
- ISBN 9780190212766
- Binding Hardback
- No. of pages736 pages
- Size 163x239x38 mm
- Weight 1171 g
- Language English 0
Categories
Short description:
The book reviews past and present debates on the challenges faced in attaining equitable economic development. The book aims to provide an introduction to economics where the application to poverty is central and guides learning. And it aims to help those who already know some economics learn more about poverty and inequality.
MoreLong description:
While there is no denying that the world has made huge progress against absolute poverty over the last 200 years, until recent times the bulk of that progress had been made in wealthy countries only. The good news is that we have seen greater progress against poverty in the developing world in recent times-indeed, a faster pace of progress against extreme poverty than the rich world saw over a period of 100 years or more of economic development. However, continuing progress is far from assured. High and rising inequality has stalled progress against poverty in many countries. We are seeing generally rising relative poverty in the rich world as a whole over recent decades. And even in the developing world, there has been less progress in reaching the poorest, who risk being left behind, and a great many people in the emerging middle class remain highly vulnerable to falling back into poverty.
The Economics of Poverty strives to support well-informed efforts to put in place effective policies to assure continuing success in reducing poverty in all its dimensions. The book reviews critically the past and present debates on the central policy issues of economic development everywhere. How much poverty is there? Why does poverty exist? What can be done to eliminate poverty?
Martin Ravallion provides an accessible new synthesis of current knowledge on these issues. It does not assume that readers know economics already. Those new to economics get a lot of help along the way in understanding its concepts and methods. Economics lives though its relevance to real world problems, and here the problem of global poverty is both the central focus and a vehicle for learning.
Table of Contents:
PART 1: HISTORY OF THOUGHT
Chapter 1: Origins of the Idea of a World Free of Poverty
Chapter 2: New Thinking on Poverty after 1950
PART 2: MEASURES AND METHODS
Chapter 3: Measuring Welfare
Chapter 4: Poverty Lines
Chapter 5: Poverty and Inequality Measures
Chapter 6: Impact Evaluation
PART 3: POVERTY AND POLICY
Chapter 7: Dimensions of Poverty and Inequality in the World
Chapter 8: Growth, Inequality and Poverty
Chapter 9: Economy-Wide and Sectoral Policies
Chapter 10: Targeted Interventions
Conclusions: Past Progress and Future Challenges
