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Critique of the world banks method of calculating poverty

Date Submitted: 05/27/2003 14:52:57
Category: / Business & Economy / Economics
Length: 5 pages (1263 words)
What are the main criticisms of the 'Dollar a day' method of calculating poverty? Poverty exists throughout the whole world. In all its forms, be it relative or absolute, poverty is a mass epidemic in third-world countries especially. To successfully counter poverty as a whole therefore, it is imperative to compile and calculate the true extent of it. The most respected and most cited compilation of poverty is carried out by the World Bank (bank …
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…requiring physical energy, the whole problem is not just a numerical one. BIBLIOGRAPHY Pogge T, Reddy,S, "Unknown, the extent, distribution and trend of global income poverty", 2003 http://www.columbia.edu/~sr793/povpop.pdf, Townsend,P, 'The International Analysis Of Poverty', 1993, Harvester Wheatsheaf Monbiot, G 'Poor But Pedicured' 2003 The Guardian Reddy,S and Pogge, T 'How Not To Count The Poor' http://www.columbia.edu/~sr793/techpapers.html, 2003 Devereux, S Theories Of Famine, 1993 Harvester Wheatsheaf
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