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Measurement and Nature of Absolute Poverty in Least Developed Countries

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  • Massoud Karshenas

    () (Department of Economics, SOAS, University of London, UK)

Abstract

This paper provides new national accounts consistent poverty estimates for low-income countries. The properties of the new estimates are compared to the existing estimates by the World Bank based on household survey means. We also use the new estimates to reflect on the recent controversies regarding the relationship between economic growth and poverty reduction. It is argued that the controversy is mainly due to the lack of 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 129, Department of Economics, SOAS, University of London, UK.
  • Handle: RePEc:soa:wpaper:129
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    File URL: http://www.soas.ac.uk/economics/research/workingpapers/file28849.pdf
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    Cited by:

    1. Pansini, Rosaria Vega, 2004. "La Fissazione della International Poverty Line: una nuova proposta applicata al Vietnam
      [Setting a new International Poverty Line: a new proposal applied to Vietnam]
      ," MPRA Paper 4923, University Library of Munich, Germany.
    2. Robert Hunter Wade, 2002. "Globalisation, Poverty and Income Distribution: Does the Liberal Argument Hold?," RBA Annual Conference Volume,in: David Gruen & Terry O'Brien & Jeremy Lawson (ed.), Globalisation, Living Standards and Inequality: Recent Progress and Continuing Challenges Reserve Bank of Australia.

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