Poverty: Concepts and Measurement

Keith Griffin

Chapter 2 in Poverty and the Transition to a Market Economy in Mongolia, 1995, pp 27-44 from Palgrave Macmillan

Abstract: Abstract Widespread poverty is a new phenomenon in Mongolia. It did not exist before the country embarked on the transition to a market economy. Indeed poverty is a product partly of external shocks but largely of the transition strategy, a consequence of the policies adopted to convert Mongolia from a centrally planned to a market-guided economy. And judging by the absence of measures to prevent or to contain poverty in the design of the transition strategy, the emergence of poverty as a major issue must have been unanticipated. Poverty caught the policy makers off their guard.

Keywords: Market Economy; Vulnerable Group; Poverty Alleviation; Local Official; Capability Approach (search for similar items in EconPapers)
Date: 1995
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DOI: 10.1007/978-1-349-23960-3_2

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