This edited volume seeks to provide a critical and technical look at international political economy indices (PEIs). It examines measurement issues, relates PEIs to economic theory, and suggests better measures than those currently used.

There has been a growing interest in what have come to be termed "multidimensional indices of poverty." Advocates for these new indices correctly point out that command over market goods is not all that matters to peoples' well-being, and that other factors need to be considered when quantifying...