Measurement and Nature of Absolute Poverty in Least Developed Countries

Massoud Karshenas ()
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Massoud Karshenas: Department of Economics, SOAS-School of Oriental & African Studies , University of London

No 201, Working Papers from Economic Research Forum

Abstract: This paper provides new national accounts consistent poverty estimates for low-income countries. The paper compares the properties of the new estimates that are based on household survey means to existing World Bank estimates. The new estimates are used to reflect on recent controversies regarding the relationship between economic growth and poverty reduction. It is argued that the controversy is mainly due to the lack of a distinction between what one can refer to as 'generalized extreme poverty' in low-income countries and the more ?normal? poverty situations in higher income economies.

Pages: 28 pages
Date: 2002-01-03, Revised 2002-01-03
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Citations: View citations in EconPapers (4)

Published by The Economic Research Forum (ERF)

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