Toward Better Global Poverty Measures - Working Paper 417

Martin Ravallion

No 417, Working Papers from Center for Global Development

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.

Keywords: Absolute poverty; relative poverty; consumption floor; Purchasing Power Parity; International Comparison Program. (search for similar items in EconPapers)
JEL-codes: E31 I32 O10 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2015-09
New Economics Papers: this item is included in nep-ltv and nep-mac
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Citations: View citations in EconPapers (4)

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