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Toward Better Global Poverty Measures - Working Paper 417

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  • Martin Ravallion

Abstract

While much progress has been made over the last 25 years in measuring global poverty, there are a number of challenges ahead. The paper discusses three sets of problems: (i) how to allow for social effects on welfare, recognizing the identification issues involved; (ii) the need to monitor progress in raising the consumption floor above its biological level, in addition to counting the number of people living near the floor; and (iii) addressing the longstanding concerns about prevailing approaches to making inter-country comparisons of price levels facing poor people. Some suggestions are offered for operational solutions, building on past research.

Suggested Citation

  • Martin Ravallion, 2015. "Toward Better Global Poverty Measures - Working Paper 417," Working Papers 417, Center for Global Development.
    • Handle: RePEc:cgd:wpaper:417
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    File URL: http://www.cgdev.org/publication/toward-better-global-poverty-measures-working-paper-417
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    Citations

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    Cited by:

    1. Amita Majumder & Ranjan Ray & Sattwik Santra, 2016. "Global and Country Poverty Rates, Welfare Rankings of the Regions and Purchasing Power Parities: How Robust Are the Results?," Monash Economics Working Papers 11-16, Monash University, Department of Economics.
    2. Ingvild Almås & Tim Beatty & Thomas Crossley, 2018. "Lost in translation: What do Engel curves tell us about the cost of living?," IFS Working Papers W18/04, Institute for Fiscal Studies.
    3. Arief Anshory Yusuf & Andy Sumner, 2017. "Multidimensional poverty in Indonesia: How inclusive has economic growth been?," Departmental Working Papers 2017-09, The Australian National University, Arndt-Corden Department of Economics.
    4. Amani Kahloul & Rim Lahmandi‐Ayed & Hejer Lasram, 2019. "Poverty, competition, democracy, and ownership: A general equilibrium model with vertical preferences," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 21(6), pages 1143-1178, December.

    More about this item

    Keywords

    Absolute poverty; relative poverty; consumption floor; Purchasing Power Parity; International Comparison Program.;
    All these keywords.

    JEL classification:

    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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