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In a polarised and highly unequal country such as South Africa, it is unlikely that a definition of the middle class that is based on an income threshold will adequately capture the political and social meanings of being middle class. We therefore propose a multi-dimensional definition, rooted...
Persistent link: https://www.econbiz.de/10011388311
impact of financial literacy on poverty, which is a downstream welfare indicator. Consequently, we have constructed a … composite financial literacy index. Our results reveal that financial literacy plays an important role in reducing poverty. This …
Persistent link: https://www.econbiz.de/10012181105
national currencies using either the 2005 or 2011 level; in the medium term, we argue for global poverty measurement based on … internationally coordinated national poverty measurement. … poverty line, expressed in PPP-adjusted dollars and linked to various rounds of the International Comparison of Prices (ICP …
Persistent link: https://www.econbiz.de/10011317789
investigate the relationship. To ensure robustness, the study uses three poverty reduction proxies which are household consumption … when household consumption expenditure is used as a poverty reduction proxy, while in the long run an insignificant …This study investigates the impact of foreign direct investment (FDI) inflows on poverty reduction in Botswana from …
Persistent link: https://www.econbiz.de/10011905653
of consumption items; and (ii) quantity discounting effects for the non-poor. Household-specific deflators are estimated … found. Finally, I argue that poverty estimation based on national account consumption means and estimates of inequality from … decline of poverty over time, but the magnitude of the adjustment is country- and year-specific. …
Persistent link: https://www.econbiz.de/10011411136
The World Bank’s global poverty estimates suffer from deep-seated problems arising from a single source, the lack of a … poverty line of $1.90 (2011 PPP) does not in any way resolve these problems. We present alternate estimates of global …, regional and national poverty based on reasoning as to what the Bank’s own method, consistently applied, would entail. These …
Persistent link: https://www.econbiz.de/10011376742
A new basis for an international poverty measurement is proposed based on linear programming for specifying the least … information. The new approach implies much more poverty than the World Bank's, especially in Asia. …
Persistent link: https://www.econbiz.de/10011687858
This paper critically reviews the recent changes to the Global Poverty numbers generated by the World Bank in 2008 …. While they have little impact on observed poverty trends and while there are good reasons to believe that the previous … numbers were on weak foundations, the new numbers on levels of poverty in the developing world create new uncertainties und …
Persistent link: https://www.econbiz.de/10010255780
Poverty is typically measured in different ways in developing and advanced countries. The majority of developing … countries measure poverty in absolute terms, using a poverty line determined by the monetary cost of a predetermined basket of … goods. In contrast, most analyses of poverty in advanced countries, including the majority of OECD countries and Eurostat …
Persistent link: https://www.econbiz.de/10009683125
standard poverty indexes. It is argued that negative and zero incomes cannot be treated equally in terms of household well …The paper discusses the main issues related to negative and zero incomes that are relevant for the measurement of … poverty. It shows the prevalence of non-positive incomes in high- and middle-income countries, provides an analysis of the …
Persistent link: https://www.econbiz.de/10012604690