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Does monetary poverty capture all aspects of poverty?

Daniel Mahler's picture
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Poverty is a complex concept. A widespread view argues that important aspects of poverty cannot be measured in monetary terms – in fact, to successfully address poverty, we need to measure it in all its facets. The recent release of the 2018 edition of the Poverty and Shared Prosperity Report contains the World Bank’s first attempt at measuring multidimensional poverty at a global level. Global measures of multidimensional poverty have a rich history, a prominent example being the annual Global MPI produced by the United Nations Development Programme with the Oxford Poverty & Human Development Initiative.

Bread, freedom and the WDR 2011 on Conflict, Security and Development

Merrell Tuck-Primdahl's picture

Which comes first in the wake of revolution, bread or freedom?

A Reuters reporter asked about this during the embargoed press briefing last Friday to launch the World Development Report 2011: Conflict, Security and Development. What she wondered about was the tough choices of what to deal with most urgently in the throes of revolutions like we are seeing in the Middle East and North Africa.

In other words, should policymakers pay urgent attention to, say, food, jobs and the flow of cash or do justice and political change take precedence?