Debates on the Measurement of Global Poverty

Debates on the Measurement of Global Poverty

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The international community's commitment to halve global poverty by 2015 has been enshrined in the first Millennium Development Goal. How global poverty is measured is a critical element in assessing progress towards this goal, and different researchers have presented widely-varying estimates. The chapters in this volume address a range of problems in the measurement and estimation of global poverty, from a variety of viewpoints. Topics covered include the controversies surrounding the definition of a global poverty line; the use of purchasing power parity exchange rates to map the poverty line across countries; and the quality, and appropriate use, of data from national accounts and household surveys. Both official and independent estimates of global poverty have proved to be controversial, and this volume presents and analyses the lively debate that has ensued.

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Product details

  • Paperback | 462 pages
  • 152 x 232 x 30mm | 698.53g
  • Oxford University Press
  • Oxford, United Kingdom
  • English
  • Numerous figures and tables
  • 0199558043
  • 9780199558049
  • 745,421

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Author Information

JJoseph E. Stiglitz was awarded the Nobel Prize in Economics in 2001 and is University Professor at Columbia University, where he founded the Initiative for Policy Dialogue in 2000. He was Chair of President Bill Clinton's Council of Economic Advisors from 1995-97, and Chief Economist and Senior Vice-President of the World Bank from 1997-2000. He is also Chair of the University of Manchester's Brooks World Poverty Institute and is a member of the Pontifical Academy of Social Sciences. His best known recent publications include Making Globalization Work (2006), Fair Trade for All (2005), Globalization and its Discontents (2002) and The Roaring Nineties (2003).

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Review quote

While there are many publications on alleviating global poverty, this compliation of papers focuses on the fundamental issue of what constitutes poverty and how it is measured. This is an important concern since one fo the UN's Millennium Development Goals (MDGs) is halving world poverty by the year 2015. Whether or not this goal has been or will be reached depends fundamentally on the definition of poverty, which in turn influences the measurement of poverty itself... This volume addresses an important, challenging issue and will be of value to students and researchers of development economics and world poverty. CHOICE

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