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POVERTY-PERSPECTIVES AND
DIMENSIONS
Jincy George
Assistant Professor
Department of Economics
St. Mary’s College,Thrissur
POVERTY
Poverty is the state of one who lacks a usual
or socially acceptable amount of money or
material possessions and is said to exist when
people lack the means to satisfy their basic
needs such as adequate and nutritious food,
clothing and housing .
Poverty can be understood simply as a lacks
of money or more broadly in terms of barriers to
everyday human life.
poverty-perspectives and dimensions .Jincy george,st.mary’s college
poverty-perspectives and dimensions .Jincy george,st.mary’s college
DEFINITION
The world Bank observes that “poverty is pronounced deprivation in
well-being ,and comprises many dimensions. it includes low incomes
and the inability to acquire the basic goods and services necessary for
survival with diginity. Poverty also encompasses low levels of health
and education ,poor access to clean water and sanitation, Inadequate
physical security, lack of voice and insufficient capacity and
opportunity to better ones life”
Poverty –perspectives and dimensions,Jincy George .St.Mar’ys College
 Overpopulation
 The unequal distribution of resources in the world economy
Inability to meet high standards of living and costs of living
 Inadequate education and employment opportunities
 environmental degradation
 certain economic and demographic trends, and
 welfare incentives
CAUSES OF POVERTY
Poverty-perspectives and dimensions Jincy George,St.Mar’ys College
EFFECTS OF POVERTY
 Precarious livelihoods
 Excluded locations
Physical limitations
 Gender relationships
 Problems in social relationships
 Lack of security
 Abuse by those in power.
Poverty-perspectives and dimensions ,St.Mar’ys College
Poverty line is the level of income to meet the minimum living
condition. It is the amount of money needed for a person to meet his basic
needs.
 The Poverty line or poverty threshold is the minimum level of income
deemed necessary to achieve an adequate standard of living in a given
country.
 In practice, like the definition of poverty ,the official or common
understanding of the poverty line is significantly higher in developed
countries than in developing countries
POVERTY LINE
Poverty-perspectives and dimensions,St.Mar’ys College
Absolute poverty: Extreme poverty which threatens people’s health
or lives is known as absolute poverty. It is a level of poverty as defined
in terms of the minimal requirements necessary to afford minimal
standards of food,clothing,health care and shelter.
Relative poverty :It refers to lacking a usual or socially acceptable
level of resources or income as compared with others within a society
or country. It is a measure of income inequality rather than material
deprivation or hardship.
TYPES OF POVERTY
Poverty-perspectives and dimensons,Jincy George,St.Mar’ys College
 Head count
 Poverty gap
 income shortfalls
 human poverty index
 multidimensional poverty index
MEASURES OF POVERTY
Poverty –perspectives and dimensions,Jincy George,St.Mar’ys College
 Promoting opportunity which means expanding the economic
opportunities and the asset base of the poor people through the process of
economic growth.
 Facilitating empowerment which means strengthening the participation
of poor people in decision making ,eliminating various forms of
discrimination and making state institutions more accountable and
responsive to the poor people.
Enhancing security which means reducing poor people’s vulnerability
to the various forms of insecurity that affect people’s lives.
TACKLING POVERTY-
THE WORLD BANK APPROACH
CONCLUSION
Poverty has become a great issue in our world. Though many
organizations have been created to find solutions for this matter
nobody could not save our world completely from poverty. The
most common fact which we can realize when we consider on
information about poverty is that poverty is mostly occurring in
developing countries.
Poverty –perspectives and dimensions,Jincy George,St.Mar’ys College
REFERENCES
• https://ipcig.org/pub/IPCPovertyInFocus9.pdf
• https://www.oecd.org/dac/POST-
2015%20multidimensional%20poverty.pdf
Poverty –perspectives and dimensions,Jincy George,St.Mar’ys College

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Economics:Poverty-perspectives And Dimensions

  • 1. POVERTY-PERSPECTIVES AND DIMENSIONS Jincy George Assistant Professor Department of Economics St. Mary’s College,Thrissur
  • 2. POVERTY Poverty is the state of one who lacks a usual or socially acceptable amount of money or material possessions and is said to exist when people lack the means to satisfy their basic needs such as adequate and nutritious food, clothing and housing . Poverty can be understood simply as a lacks of money or more broadly in terms of barriers to everyday human life. poverty-perspectives and dimensions .Jincy george,st.mary’s college
  • 3. poverty-perspectives and dimensions .Jincy george,st.mary’s college DEFINITION The world Bank observes that “poverty is pronounced deprivation in well-being ,and comprises many dimensions. it includes low incomes and the inability to acquire the basic goods and services necessary for survival with diginity. Poverty also encompasses low levels of health and education ,poor access to clean water and sanitation, Inadequate physical security, lack of voice and insufficient capacity and opportunity to better ones life”
  • 4. Poverty –perspectives and dimensions,Jincy George .St.Mar’ys College  Overpopulation  The unequal distribution of resources in the world economy Inability to meet high standards of living and costs of living  Inadequate education and employment opportunities  environmental degradation  certain economic and demographic trends, and  welfare incentives CAUSES OF POVERTY
  • 5. Poverty-perspectives and dimensions Jincy George,St.Mar’ys College EFFECTS OF POVERTY  Precarious livelihoods  Excluded locations Physical limitations  Gender relationships  Problems in social relationships  Lack of security  Abuse by those in power.
  • 6. Poverty-perspectives and dimensions ,St.Mar’ys College Poverty line is the level of income to meet the minimum living condition. It is the amount of money needed for a person to meet his basic needs.  The Poverty line or poverty threshold is the minimum level of income deemed necessary to achieve an adequate standard of living in a given country.  In practice, like the definition of poverty ,the official or common understanding of the poverty line is significantly higher in developed countries than in developing countries POVERTY LINE
  • 7. Poverty-perspectives and dimensions,St.Mar’ys College Absolute poverty: Extreme poverty which threatens people’s health or lives is known as absolute poverty. It is a level of poverty as defined in terms of the minimal requirements necessary to afford minimal standards of food,clothing,health care and shelter. Relative poverty :It refers to lacking a usual or socially acceptable level of resources or income as compared with others within a society or country. It is a measure of income inequality rather than material deprivation or hardship. TYPES OF POVERTY
  • 8. Poverty-perspectives and dimensons,Jincy George,St.Mar’ys College  Head count  Poverty gap  income shortfalls  human poverty index  multidimensional poverty index MEASURES OF POVERTY
  • 9. Poverty –perspectives and dimensions,Jincy George,St.Mar’ys College  Promoting opportunity which means expanding the economic opportunities and the asset base of the poor people through the process of economic growth.  Facilitating empowerment which means strengthening the participation of poor people in decision making ,eliminating various forms of discrimination and making state institutions more accountable and responsive to the poor people. Enhancing security which means reducing poor people’s vulnerability to the various forms of insecurity that affect people’s lives. TACKLING POVERTY- THE WORLD BANK APPROACH
  • 10. CONCLUSION Poverty has become a great issue in our world. Though many organizations have been created to find solutions for this matter nobody could not save our world completely from poverty. The most common fact which we can realize when we consider on information about poverty is that poverty is mostly occurring in developing countries. Poverty –perspectives and dimensions,Jincy George,St.Mar’ys College