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Measurement and Nature of Absolute Poverty in Least Developed Countries

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  • Massoud Karshenas

    (Department of Economics, SOAS-School of Oriental & African Studies , University of London)

Abstract

This paper provides new national accounts consistent poverty estimates for low-income countries. The paper compares the properties of the new estimates that are based on household survey means to existing World Bank estimates. The new estimates are used to reflect on recent controversies regarding the relationship between economic growth and poverty reduction. It is argued that the controversy is mainly due to the lack of a distinction between what one can refer to as 'generalized extreme poverty' in low-income countries and the more ?normal? poverty situations in higher income economies.

Suggested Citation

  • Massoud Karshenas, 2002. "Measurement and Nature of Absolute Poverty in Least Developed Countries," Working Papers 0201, Economic Research Forum, revised 03 Jan 2002.
    • Handle: RePEc:erg:wpaper:0201
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    References listed on IDEAS

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    1. Ravallion, Martin & Chen, Shaohua, 1997. "What Can New Survey Data Tell Us about Recent Changes in Distribution and Poverty?," The World Bank Economic Review, World Bank, vol. 11(2), pages 357-382, May.
    2. Kanbur Ravi, 2001. "Economic Policy, Distribution and Poverty: The Nature of Disagreements," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 7(2), pages 1-26, April.
    3. Deininger, Klaus & Squire, Lyn, 1996. "A New Data Set Measuring Income Inequality," The World Bank Economic Review, World Bank, vol. 10(3), pages 565-591, September.
    4. Chen, Shaohua & Datt, Gaurav & Ravallion, Martin, 1994. "Is Poverty Increasing in the Developing World?," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 40(4), pages 359-376, December.
    5. Martin Ravallion & Gaurav Datt & Dominique van de Walle, 1991. "Quantifying Absolute Poverty In The Developing World," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 37(4), pages 345-361, December.
    6. Shaohua Chen & Gaurav Datt & Martin Ravallion, 1994. "Is Poverty Increasing In The Developing World?," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 40(4), pages 359-376, December.
    7. Anand, Sudhir & Kanbur, S. M. R., 1993. "Inequality and development A critique," Journal of Development Economics, Elsevier, vol. 41(1), pages 19-43, June.
    8. Andrea Brandolini & Anthony B. Atkinson, 2001. "Promise and Pitfalls in the Use of "Secondary" Data-Sets: Income Inequality in OECD Countries As a Case Study," Journal of Economic Literature, American Economic Association, vol. 39(3), pages 771-799, September.
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    Cited by:

    1. Pansini, Rosaria Vega, 2004. "La Fissazione della International Poverty Line: una nuova proposta applicata al Vietnam [Setting a new International Poverty Line: a new proposal applied to Vietnam]," MPRA Paper 4923, University Library of Munich, Germany.
    2. Robert Hunter Wade, 2002. "Globalisation, Poverty and Income Distribution: Does the Liberal Argument Hold?," RBA Annual Conference Volume (Discontinued), in: David Gruen & Terry O'Brien & Jeremy Lawson (ed.),Globalisation, Living Standards and Inequality: Recent Progress and Continuing Challenges, Reserve Bank of Australia.
    3. Grabiella Berloffa & Maria Luigia Segnana, 2004. "Trade, inequality and pro-poor growth: Two perspectives, one message?," Department of Economics Working Papers 0408, Department of Economics, University of Trento, Italia.
    4. Sanjay G. Reddy & Antoine Heuty, 2006. "Achieving the Millennium Development Goals: What’s wrong with existing analytical models?," Working Papers 30, United Nations, Department of Economics and Social Affairs.

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