On economic poverty a survey of aggregate measures by Foster, James E.

Cover of: On economic poverty | Foster, James E.

Published by Institute for Research in the Behavioral, Economic, and Management Sciences, Krannert Graduate School of Management, Purdue University in West Lafayette, Ind .

Written in English

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  • Poverty -- Measurement -- Mathematical models.

Edition Notes

Book details

Statementby James E. Foster.
SeriesPaper / Institute for Research in the Behavioral, Economic, and Management Sciences, Krannert Graduate School of Management, Purdue University ;, no. 832, Paper (Krannert Graduate School of Management. Institute for Research in the Behavioral, Economic, and Management Sciences) ;, no. 832.
LC ClassificationsHD6483 .P8 no. 832, HC79.P6 .P8 no. 832
The Physical Object
Pagination58, 11 p. ;
Number of Pages58
ID Numbers
Open LibraryOL3002305M
LC Control Number84621335

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The Economics of Poverty reviews critically past and present debates on poverty, spanning both rich and poor countries. The book provides an accessible new synthesis of current economic thinking on key questions: How is poverty measured?Cited by:   The End of Poverty: Economic Possibilities for Our Time () by Jeffrey Sachs Taking an almost entirely diametrical approach than Easterly, Sachs outlines a detailed plan to help the poorest of the poor reach the first rung on the ladder of economic development.

The themes of Sachs' book are: Arguments for how development aid have helped to end poverty in the past, how development aid could help ending poverty in the future, and why Western industrialized countries can and should continue and increase development aid to end extreme poverty.

The book is well-written and contains much historical Cited by:   The Economics of Inequality, Poverty, and Discrimination in the 21st Century consists of 2 volumes containing 32 papers divided into 5 categories: measurement, inequality and mobility, institutions and choices, demographic groups and discrimination, and policy.

The papers—written by economists, sociologists, philosophers and lawyers—deal. This collection focuses on the concepts and measurements of inequality, poverty, the concentration of wealth, and the implications of these issues for social policies.

A special feature of this work is the international comparisons of the evidence on economic inequality. Poverty in the United States is something of a paradox.

Per capita incomes in this country are among the highest on earth. Yet, the United States has a greater percentage of its population below the official poverty line than in the other industrialized nations.

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Your third book is The Theory of Economic Growth by W Arthur Lewis. He was the first Nobel Prize-winner in the subject of development economics.

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Economic Inequality. The United States has a very large degree of economic inequality. A common way to examine inequality is to rank the nation’s families by income from lowest to highest and then to divide this distribution intowe have the poorest fifth of the nation’s families (or the 20% of families with the lowest family incomes), a second fifth with somewhat higher.

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Global poverty is decreasing, but billions of people still do not have the resources they need to survive and thrive.

Economic growth can reduce poverty, but it can also drive inequality that generates social and economic problems. And efforts at domestic resource mobilization through taxation, though critical to funding the SDGs, can negatively impact the poor.

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