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Measuring Global Poverty Right

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The international community is committed to millennium development goals which postulate a vision of global development that makes eliminating poverty and sustaining development the overriding objective of global development efforts. In the hierarchy of the MDGs, the first and foremost goal is to reduce by half, between 1990–2015, the proportion of people whose income is less than a dollar a day (a widely used yardstick to measure extreme poverty). However, estimating such poverty across developing countries and globally is by no means a simple exercise nor has it yielded unambiguous results. This article provides a brief summary of the state of the art in global poverty estimates, including the problems as well as the possible solutions.

Suggested Citation

  • M. G. Quibria, 2005. "Measuring Global Poverty Right," World Economics, World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE, vol. 6(4), pages 111-121, October.
  • Handle: RePEc:wej:wldecn:224
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    Cited by:

    1. Steven Brakman & Charles van Marrewijk, 2007. "It’s a Big World After All," CESifo Working Paper Series 1964, CESifo Group Munich.

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