A Many-Headed Beast ~ The Economist Blog

Read the full article published in The Economist’s Blog ‘Economics: Free Exchange’ on 2 August 2010

THIS week, we carried a piece about a new cross-country poverty index devised by a group of researchers at the Oxford Poverty and Human Development Initiative, which is designed to capture several dimensions of poverty at once. The idea, as the piece explains, is that some aspects of poverty (say, nutrition) may not always move perfectly with income, so that looking directly at how many people are deprived along several (admittedly subjectively chosen) dimensions at once may give researchers and policymakers a better handle on just what poor people lack, and what could be done to deal with these problems… read the full article.