MOST measures of poverty just focus on income. About 1 billion people live on less than $1.25 a day. But a new report from Oxford University looks at poverty levels in 101 developing countries, covering 5.2 billion people, or 75% of the world’s population. The report understands poverty in a different way from how economists usually do.
In all, they identify ten indicators; if people are deprived in at least one-third them, they are multidimensionally poor. The authors estimate that 1.6 billion people fit this description.
In some countries the difference between the conventional and unconventional measures is stark. In Mexico, Pakistan and Egypt, for instance, there are twice as many multidimensionally poor as there are conventionally poor.
Mais