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Objective - Even though the country has done a fantastic job of eradicating poverty, some significant challenges and concerns come as a result of globalisation. The following are important concerns that must be solved as the country enters a new category of poverty.Methodology – Malaysia is an...
Persistent link: https://www.econbiz.de/10013309658
The paper is based on an individual life-cycle model, which describes the purely economic components of human capital. The present value of human capital is determined by all future income flows, which at the same time constitute the individual as well as the total tax base of a nation....
Persistent link: https://www.econbiz.de/10009356993
This paper presents a comparative analysis of the approaches to poverty based on income and wealth that have been proposed in the literature. Two types of approaches are considered: those that look at income and wealth separately when defining the poverty frontier, and those in which these two...
Persistent link: https://www.econbiz.de/10008657962
This paper presents a comparative analysis of the approaches to poverty based on income and wealth that have been proposed in the literature. Two types of approaches are considered: those that look at income and wealth separately when defining the poverty frontier, and those in which these two...
Persistent link: https://www.econbiz.de/10013069241
The United Nations 2030 Agenda for Sustainable Development Goals calls for the elimination of many global challenges related to poverty. The first Sustainable Development Goal – the elimination of poverty – targets the challenges faced by the more than 700 million people who live on less...
Persistent link: https://www.econbiz.de/10012824180
In Canada, poverty policy and discourse focuses on annual estimates of low income. Assuming that assets, independent from income, represent an alternative view of well-being we introduce an asset-based measurement of poverty for Canada based on (1) financial assets and (2) net worth. A household...
Persistent link: https://www.econbiz.de/10013061783
Zimbabwe has been in macroeconomic doldrums for a long time with the struggle still persisting. To date no single economic indicator points to the stability path, hence calling for proper policy stance to be adopted. For the current year, 2020, a world pandemic has emerged with possible serious...
Persistent link: https://www.econbiz.de/10014093518
The article posits that the puzzles of stagnating poverty rates amidst high growth and declining unemployment in the United States can be substantially explained by polarized job markets characterized by job quality and job distribution. In recent decades, there has been an increased number of...
Persistent link: https://www.econbiz.de/10014516680
Persistent link: https://www.econbiz.de/10012991404
The article argues that the puzzles of stagnating poverty rates amidst high growth and declining unemployment in the US can be explained by bad quality jobs and polarization of the jobs market (JMP). JMP accounts for the distribution of jobs across households, where high JMP implies there are...
Persistent link: https://www.econbiz.de/10013235493