Assessing the Extent and Nature of Chronic Poverty in Low Income Countries: Issues and Evidence

McKay, Andrew and Lawson, David (2003) Assessing the Extent and Nature of Chronic Poverty in Low Income Countries: Issues and Evidence. World Development, 31 (3). pp. 425-439. ISSN 0305-750X

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Abstract

Discussions of chronic poverty have mostly considered its monetary dimensions, with current evidence suggesting that such poverty is much more transient than chronic. But chronic poverty is a real and important phenomenon, potentially more important quantitatively than it first appears once account is taken of different methodological approaches and inevitable measurement difficulties. The chronic poor have distinctive characteristics, such as lack of assets or high dependency rates, which may account for their persistent poverty. The paper argues that it is also necessary to develop concepts of chronic poverty further, covering relevant nonmonetary dimensions and not just relying on panel data.

Item Type: Article
Keywords: chronic povery, asset, panel data
Schools and Departments: School of Business, Management and Economics
Subjects: H Social Sciences > HC Economic history and conditions
H Social Sciences > HB Economic theory. Demography
Depositing User: Chris Keene
Date Deposited: 03 Mar 2008
Last Modified: 11 Mar 2017 02:50
URI: http://sro.sussex.ac.uk/id/eprint/1475
Google Scholar:77 Citations

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