Three main changes in thinking about poverty have gained increasing currency over the past decade. First, the concept of poverty has broadened, with increasing attention to issues of vulnerability, inequality and human rights. Second, the causal structure has broadened to include causal variables, such as social, political, cultural, coercive and environmental capital. Third, the causal structure has deepened to focus on flows of individuals into and out of poverty, rather than on changes in the stock of poverty, and on strategies of social protection versus poverty reduction. The paper reviews these changes and their implications for globalisation and policy.
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Paper provided by United Nations, Department of Economics and Social Affairs in its series Working Papers with number
65.
Find related papers by JEL classification: I32 - Health, Education, and Welfare - - Welfare and Poverty - - - Measurement and Analysis of Poverty O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration O19 - Economic Development, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
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