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The Two Poverties

  • Abhijit Banarjee
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    There are at least two distinct and inconsistent views of poverty. These views, which can be called “poverty as desperation” and “poverty as vulnerability”, have different implications about anti-poverty policy. It is important to confront this conflict and to try to devise empirical stategies which will help us distinguish between these views.

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    File URL: http://www.nopecjournal.org/NOPEC_2000_a07.pdf
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    Article provided by Nordic Journal of Political Economy in its journal Nordic Journal of Political Economy.

    Volume (Year): 26 (2000)
    Issue (Month): ()
    Pages: 129-141

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    Handle: RePEc:noj:journl:v:26:y:2000:p:129-141
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    1. Townsend, R.M., 1991. "Risk and Insurance in Village India," University of Chicago - Economics Research Center 91-3, Chicago - Economics Research Center.
    2. Patrick Legros & Andrew F. Newman, 1992. "Wealth Effects," Discussion Papers 1024, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    3. Galor, Oded & Zeira, Joseph, 1988. "Income Distribution and Macroeconomics," MPRA Paper 51644, University Library of Munich, Germany, revised 01 Sep 1989.
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