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...

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....

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...

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...

The Federal Reserve's Survey of Household Economics and Decisionmaking (SHED) contains questions designed to ascertain overall economic well-being and fragility, which can be used to gauge both the perceptions individuals have about their own economic status and an approximation of their actual...

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...

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...

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...

Rural households are the primary agents of environmental change in the very area where parks and protected areas are attempting to conserve ecosystem diversity. It is crucial to understand the linkage between market access and household resource use decisions if integrated conservation and...

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...