There is no international consensus on what poverty is and how it should be measured. The most commonly used poverty … indicator, income level, is limited as it ignores the multidimensional character of poverty. Because the choice of an indicator …, the choice of a poverty indicator is important. It sets priorities for policies and programs and determines outcomes of …

Slower growth and higher inflation can worsen poverty. By implication, maintaining macroeconomic stability is necessary … to reduce poverty. When a typical aggregate demand (AD) policy for stabilization is not effective, however, its impact on … poverty could be devastating as incomes of the poor typically decline with falling output. In this study, I argue that when …