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Old age, poverty and social investment

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Author Info
Armando Barrientos (IDPM, University of Manchester, Manchester, UK)
Abstract

The paper examines two commonly held views on the relationship existing between old age and poverty in developing countries: that poverty is less pronounced among the old; and that poverty reduction programmes focused on the old have lower social payoffs than programmes aimed at the young. The paper argues that standard measures underestimate old age poverty, and that the evaluation of poverty programmes needs to take account of the economic contribution of the old and of positive externalities in old age support. It concludes that the low priority given to old age support in developing countries needs to be reconsidered. Copyright © 2002 John Wiley & Sons, Ltd.

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File URL: http://hdl.handle.net/10.1002/jid.955
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Article provided by John Wiley & Sons, Ltd. in its journal Journal of International Development.

Volume (Year): 14 (2002)
Issue (Month): 8 ()
Pages: 1133-1141
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:wly:jintdv:v:14:y:2002:i:8:p:1133-1141

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  1. Murray, Christopher J. L. & Acharya, Arnab K., 1997. "Understanding DALYs," Journal of Health Economics, Elsevier, vol. 16(6), pages 703-730, December. [Downloadable!] (restricted)
  2. Angus Deaton & Christina Paxson, 1997. "Poverty Among Children And The Elderly In Developing Countries," Working Papers 992, Princeton University, Woodrow Wilson School of Public and International Affairs, Center for Research on Child Wellbeing.. [Downloadable!]
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  3. Lloyd-Sherlock, Peter, 2000. "Old Age and Poverty in Developing Countries: New Policy Challenges," World Development, Elsevier, vol. 28(12), pages 2157-2168, December. [Downloadable!] (restricted)
  4. Browning, Martin & Francois Bourguignon & Pierre-Andre Chiappori & Valerie Lechene, 1994. "Income and Outcomes: A Structural Model of Intrahousehold Allocation," Journal of Political Economy, University of Chicago Press, vol. 102(6), pages 1067-96, December. [Downloadable!] (restricted)
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  5. James P. Smith, 1999. "Healthy Bodies and Thick Wallets: The Dual Relation between Health and Economic Status," Journal of Economic Perspectives, American Economic Association, vol. 13(2), pages 145-166, Spring. [Downloadable!] (restricted)
  6. Anand, Sudhir & Hanson, Kara, 1997. "Disability-adjusted life years: a critical review," Journal of Health Economics, Elsevier, vol. 16(6), pages 685-702, December. [Downloadable!] (restricted)
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