Poverty estimates based on cross-section data provide static snapshots of poverty rates. Although a time series of cross-section data can offer some insights into poverty trends, it does not allow for an assessment of dynamics at the household level. Such a dynamic perspective on poverty...

This paper offers an axiomatic characterization of two classes of poverty measures that are sensitive to inequality of opportunity -- one a strict subset of the other. The proposed indices are sensitive not only to income shortfalls from the poverty line, but also to differences in the...

We are not seeing faster progress against poverty amongst the poorest developing countries. Yet this is implied by widely accepted"stylized facts"about the development process. The paper tries to explain what is missing from those stylized facts. Consistently with models of economic growth...

Adopted on September 8, 2000, the United Nations Millennium Declaration stated as its first goal that countries"...[further] resolve to halve, by the year 2015, the proportion of the world's people whose income is less than one dollar a day and the proportion of people who suffer from...

Relative deprivation, shame and social exclusion can matter to the welfare of people everywhere. The authors argue that such social effects on welfare call for a reconsideration of how we assess global poverty, but they do not support standard measures of relative poverty. The paper argues...

Word searches of Google's library of digitized books suggest that there have been two"Poverty Enlightenments"since 1700, one near the end of the 18th century and the second near the end of the 20th. The historical literature suggests that only the second came with a widespread belief that...

The objective of the paper is to update the small area estimates of poverty and inequality for rural Vietnam. The new estimates of province and district level poverty for the year 2006, when combined with estimates available for 1999, allow for examination of how poverty has changed in rural...

Alternative scenarios are considered for reducing by one billion the number of people living below $1.25 a day. The low-case,"pessimistic,"path to that goal would see the developing world outside China returning to its slower pace of growth and poverty reduction of the 1980s and 1990s, though...

The paper develops a concept and a measure of the monetary capacity of a country to reduce its own poverty and shows how these tools can be used to guide budget allocations or the allocation of aid. The authors call this concept the income lever. Making use of tax and distributive theory, the...

Brazil, China and India have seen falling poverty in their reform periods, but to varying degrees and for different reasons. History left China with favorable initial conditions for rapid poverty reduction through market-led economic growth; at the outset of the reform process there were ample...