Poverty and shared prosperity 2018: piecing together the poverty puzzle

We were delighted to welcome two senior Economists from the World Bank, Dr Maria Ana Lugo, a former post-doctoral student at OPHI, and Dr Dean Jolliffe, who gave a presentation entitled: ‘Poverty and shared prosperity 2018: piecing together the poverty puzzle’ exploring the World Bank’s 2018 Poverty and Shared Prosperity report. The seminar will take place on Tuesday 14 May, 16:00-17:30, Seminar Room 3, Queen Elizabeth House, 3 Mansfield Road OX1 3TB.

The 2018 edition — Piecing Together the Poverty Puzzle —broadens the ways the World Bank defines and measures poverty. It presents a new measure of societal poverty, integrating the absolute concept of extreme poverty and a notion of relative poverty reflecting differences in needs across countries. For the first time it introduces a multidimensional poverty measure based on the Alkire-Foster Method, which is anchored in household consumption and the international poverty line of $1.90 per person per day, but broadens the measure by including information on access to education and basic infrastructure. Finally, it investigates differences in poverty within households, including by age and gender.

Read full report here.

Video can be found here.

This seminar was part of OPHI’s Trinity Term seminar series bringing together academic staff and students interested in multidimensional poverty in an informal intellectual and social environment.