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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

    as
    1. 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.
    2. Anand, Sudhir & Kanbur, S. M. R., 1993. "Inequality and development A critique," Journal of Development Economics, Elsevier, vol. 41(1), pages 19-43, June.
    3. 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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