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Vulnerability to Poverty: A Survey

Author

Listed:
  • Daisy Das

    (Department of Economics, Northeastern Hill University)

  • Ratul Mahanta

    (Department of Economics and International Business, Sam Houston State University)

Abstract

There has been no consensus over the concept and measurement of vulnerability to poverty (VP). Many scholars bring in different perspectives to discuss various conceptual and measurement issues. This paper summarizes the available economic literature on the definitions and measurements of VP. Despite a lack of agreement, the concept of VP essentially captures the dynamic aspects of poverty, which are extremely important for formulating appropriate and effective poverty alleviation policies. This paper discusses the three basic approaches for measuring VP. Further, the data-related issues are also discussed. Then the paper reviews previous studies on the vulnerability estimation for different countries and highlights the relative importance of various shocks in determining vulnerability. Finally, the paper ends by raising a number of policy-related issues.

Suggested Citation

  • Daisy Das & Ratul Mahanta, 2015. "Vulnerability to Poverty: A Survey," Working Papers 1504, Sam Houston State University, Department of Economics and International Business.
    • Handle: RePEc:shs:wpaper:1504
    as

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    References listed on IDEAS

    as
    1. Cesar Calvo & Stefan Dercon, 2005. "Measuring Individual Vulnerability," Economics Series Working Papers 229, University of Oxford, Department of Economics.
    2. Cesar Calvo & Stefan Dercon, 2013. "Vulnerability to individual and aggregate poverty," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 41(4), pages 721-740, October.
    3. Amin, Sajeda & Rai, Ashok S. & Topa, Giorgio, 2003. "Does microcredit reach the poor and vulnerable? Evidence from northern Bangladesh," Journal of Development Economics, Elsevier, vol. 70(1), pages 59-82, February.
    4. Banerjee, Abhijit V & Newman, Andrew F, 1994. "Poverty, Incentives, and Development," American Economic Review, American Economic Association, vol. 84(2), pages 211-215, May.
    5. Jose Ramon G. Albert & Lilia V. Elloso, 2007. "Toward Measuring Household Vulnerability to Income Poverty in the Philippines," Macroeconomics Working Papers 22322, East Asian Bureau of Economic Research.
    6. Quisumbing, Agnes R. & Skoufias, Emmanuel, 2003. "Consumption insurance and vulnerability to poverty," FCND briefs 155, International Food Policy Research Institute (IFPRI).
    7. George Clark & Susanne Moser & Samuel Ratick & Kirstin Dow & William Meyer & Srinivas Emani & Weigen Jin & Jeanne Kasperson & Roger Kasperson & Harry Schwarz, 1998. "Assessing the Vulnerability of Coastal Communities to Extreme Storms: The Case of Revere, MA., USA," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 3(1), pages 59-82, January.
    8. World Bank, 2004. "Poverty in Guatemala," World Bank Publications - Books, The World Bank Group, number 15066.
    9. Christiaan Grootaert & Ravi Kanbur & Gi-Taik Oh, 1997. "The dynamics of welfare gains and losses: An African case study," Journal of Development Studies, Taylor & Francis Journals, vol. 33(5), pages 635-657.
    10. Erik Thorbecke, 2004. "Conceptual and Measurement Issues in Poverty Analysis," WIDER Working Paper Series DP2004-04, World Institute for Development Economic Research (UNU-WIDER).
    11. Skoufias, Emmanuel & Quisumbing, Agnes R., 2004. "Consumption insurance and vulnerability to poverty : a synthesis of the evidence from Bangladesh, Ethiopia, Mali, Mexico and Russia," Social Protection Discussion Papers and Notes 29141, The World Bank.
    12. Calvo, Cesar, 2008. "Vulnerability to Multidimensional Poverty: Peru, 1998-2002," World Development, Elsevier, vol. 36(6), pages 1011-1020, June.
    13. Christiaensen, Luc J.M. & Boisvert, Richard N., 2000. "On Measuring Household Food Vulnerability: Case Evidence from Northern Mali," Working Papers 127676, Cornell University, Department of Applied Economics and Management.
    14. Udry, Christopher, 1995. "Risk and Saving in Northern Nigeria," American Economic Review, American Economic Association, vol. 85(5), pages 1287-1300, December.
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    Cited by:

    1. Nicholas Ngepah & Tsholofelo Makgalemele & Charles Shaaba Saba, 2023. "The relationship between education and vulnerability to poverty in South Africa," Economic Change and Restructuring, Springer, vol. 56(1), pages 633-656, February.

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