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Reducing Poverty As A Driver Of Development

Author

Listed:
  • Castagna Alina

    (University of Chieti-Pescara,Faculty of Management Sciences)

  • Ciommi Mariateresa

    (University of Chieti-Pescara, Faculty of Management Sciences)

  • Furia Donatella

    (University of Chieti-Pescara, Faculty of Management Sciences)

  • Odoardi Iacopo

    (University of Chieti-Pescara, Faculty of Management Sciences)

Abstract

It is ten years after Lisbon and in the year dedicated to poverty alleviation that this paper is written in order to investigate the implications of the decisions regarding poverty reduction taken by the EU. We present a simple comparison of the "risks of poverty" in European countries in 2000 and 2008, before and after transfers, and our finding is a positive effect of the policies towards poverty alleviation, even if the risk of poverty is increasing. By studying the correlation between percentage of people that fall below the poverty line and GDP per capita, we do not observe a whole diverse situation in Europe, with only few minor differences between rich and poor countries. We also discuss the importance of alternative approaches in estimating poverty, by means of a multidimensional method which considers a multitude of aspects in the quality of life.

Suggested Citation

  • Castagna Alina & Ciommi Mariateresa & Furia Donatella & Odoardi Iacopo, 2010. "Reducing Poverty As A Driver Of Development," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 208-213, December.
    • Handle: RePEc:ora:journl:v:1:y:2010:i:2:p:208-213
    as

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    File URL: http://anale.steconomiceuoradea.ro/volume/2010/n2/029.pdf
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    References listed on IDEAS

    as
    1. François Bourguignon & Satya R. Chakravarty, 2019. "The Measurement of Multidimensional Poverty," Themes in Economics, in: Satya R. Chakravarty (ed.), Poverty, Social Exclusion and Stochastic Dominance, pages 83-107, Springer.
    2. Xavier Sala-i-Martin, 2001. "The disturbing 'rise' of global income inequality," Economics Working Papers 616, Department of Economics and Business, Universitat Pompeu Fabra, revised Apr 2002.
    3. Sen, Amartya K, 1976. "Poverty: An Ordinal Approach to Measurement," Econometrica, Econometric Society, vol. 44(2), pages 219-231, March.
    4. Kai-yuen Tsui, 2002. "Multidimensional poverty indices," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 19(1), pages 69-93.
    5. Clark, Stephen & Hemming, Richard & Ulph, David, 1981. "On Indices for the Measurement of Poverty," Economic Journal, Royal Economic Society, vol. 91(362), pages 515-526, June.
    6. Takayama, Noriyuki, 1979. "Poverty, Income Inequality, and Their Measures: Professor Sen's Axiomatic Approach Reconsidered," Econometrica, Econometric Society, vol. 47(3), pages 747-759, May.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    poverty; risk of poverty; GDP; European Integration; Globalization;
    All these keywords.

    JEL classification:

    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
    • P3 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions

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