Class notes
Poverty, inequality and growth lecture notes
- Course
- Institution
In depth lecture notes on topics of poverty inequality and growth on development that helped me gain a first on the module
[Show more]
Seller
Follow
nataliadziejowska01
Content preview
Poverty: hunger = poverty (poor can a ord to eat in modern day)Measuring poverty: despite this, many countries use income based poverty lines that supposedly
re ect basic food needs (less than $2.50 adjusted for PPP- based on basket of goods)
- poverty headcount(H): no of people livin. Under poverty line(Y): Headcount index(H/Y) :
fraction of total pop under poverty line.
- total poverty gap(TPG): measures total income necessary to raise all those below poverty
. line above it. (Takes account depth of poverty)
- it does not get manipulated through income transfers amongst the poor.
- measured Per capita: Average poverty gap = (TPG)/N (measures severity of .
. Poverty)
Criticisms of poverty measures: H & TPG heavily rely on income as measure of poverty.
Poverty is inherited a multidimensional concept. The capabilities approach is a justi cation for
multidimensional measure of poverty. (If one has enough goods, the goods still have low worth if they
don’t have capabilities to enjoy them)
Other measures of poverty:
MPI- Multidimensional Poverty Index: multidimensional head count x poverty intensity (H x A)
-built on household survey data (measures individually if people are poor or not)
-varies between 0-1 (0=not poor, 1=very poor)
-10 separate deprivation indicators (with 3 dimensions: education, health, standard of living)
each dimension adds up to 1/3 of the indicator
And each deprivation indicator has a score (yes =1*1/x, no = 0*1/x) x is either 6, 18 …
Then all the deprivations indicators get added up into 1 deprivations score. (If score 0.3< then .
. considered poor)
Multidimensional headcount ratio(H): no. Of multidimensional poor/ total population
Poverty intensity(A): Average deprivation score of ppl classi ed as poor (score 0.3<)
MPI links to SDG: 1,2,3,4,6,7 and 11
Progressive tax : taxing higher income earners in the economy
Regressive tax : taxing lower income earners in the economy
Nutrition-based poverty trap: (graph shows yes) hunger->low productivity->hunger (viscous circle)
Economic Growth and reducing poverty
ff
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller nataliadziejowska01. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $6.44. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
72042 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now