Toward Better Global Poverty Measures

Abstract: While much progress has been made over the last 25 years in measuring global poverty, there are a number of challenges ahead. The paper discusses three sets of problems: (i) how to allow for social effects on welfare, recognizing the identification issues involved; (ii) the need to monitor progress in raising the consumption floor above its biological level, in addition to counting the number of people living near the floor; and (iii) addressing the longstanding concerns about prevailing approaches to making inter-country comparisons of price levels facing poor people. Some suggestions are offered for operational solutions, building on past research.

Keywords: price levels; poor people; research; global poverty; inter-country; social effects on welfare; Absolute poverty; relative poverty; consumption floor; Purchasing Power Parity; International Comparison Program; poverty lines; rich; country; welfare; relative deprivation and social exclusion (search for similar items in EconPapers)
Date: 2015-11
Note: Institutional Papers
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Citations: View citations in EconPapers (5)

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Related works:
Journal Article: Toward better global poverty measures (2016)
Journal Article: Toward better global poverty measures (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:ess:wpaper:id:7753

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