The Organisation for Economic Co-operation and Development (OECD) has launched the Development Co-operation Report 2013: Ending Poverty in London.
The Development Co-operation Report (DCR) is a key annual reference document for analysis and statistics on trends in international development co-operation. This year, Ending Poverty explores what needs to be done to achieve rapid and sustainable progress in the global fight to end poverty.
The report focuses on the very poor and sets out, in concrete terms, the nature and dimensions of poverty today, and what development co-operation – and the global partnerships it supports – can do in the fight against poverty. The DCR 2013 examines the positive experiences of countries, highlighting policies and approaches that have worked.
The report includes a chapter by OPHI Director Sabina Alkire, titled ‘How to measure the many dimensions of poverty?’, which makes the case for a new headline indicator to measure progress towards eradicating poverty in its many dimensions. This indicator could be an adaptation of the Multidimensional Poverty Index, or MPI, that is already being used internationally in the Human Development Report (HDR) and by many countries around the world.
‘This measure would inform, guide and monitor multidimensional poverty reduction policies, adding real value for policy makers,’ Alkire writes.
‘It would also help to monitor the degree to which economic growth is equitable and to show the important links between poverty and sustainability. Eradicating poverty as measured by this new multidimensional index would dismantle a critical mass of deprivations, achieving much more than eradicating USD 1.25 income poverty alone.’