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Three Related Concepts of Poverty

2008, Multidimensional Poverty Measurement

AI-generated Abstract

This chapter explores three interrelated concepts of poverty: economic well-being, capability, and social inclusion. It critiques traditional monetary measures of poverty and emphasizes the importance of broader qualitative assessments that capture the multifaceted nature of poverty. By analyzing these concepts together, the paper highlights the political economy roots and measurement challenges that arise in understanding and addressing poverty.