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Defining and Measuring Poverty and Inequality Post‐2015
Author(s) -
Lang Valentin F.,
Lingnau Hildegard
Publication year - 2015
Publication title -
journal of international development
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.533
H-Index - 66
eISSN - 1099-1328
pISSN - 0954-1748
DOI - 10.1002/jid.3084
Subject(s) - poverty , inequality , strengths and weaknesses , headline , gross domestic product , complement (music) , millennium development goals , index (typography) , economics , poverty reduction , development economics , extreme poverty , public economics , political science , economic growth , computer science , mathematics , business , psychology , mathematical analysis , social psychology , biochemistry , chemistry , complementation , world wide web , advertising , gene , phenotype
The post‐2015 development agenda requires improved concepts to define and measure different forms of poverty and inequality. Building on the experiences made with the Millennium Development Goals, this paper gives an overview of several possible approaches by discussing their strengths and weaknesses. National, international, relative and multidimensional concepts are considered. Arguing that the discussions on the post‐2015 agenda offer an opportunity to introduce new global measurements of progress that complement gross domestic product‐based approaches, the authors make the case for a simple yet comprehensive index as a headline indicator that could help to better inform poverty and inequality reduction policies in the post‐2015 world. Copyright © 2015 John Wiley & Sons, Ltd.