Global Poverty: Deprivation, Distribution, and Development Since the Cold War
Why are some people poor? Why does absolute poverty persist despite substantial economic growth? What types of late economic development or 'catch-up' capitalism are associated with different poverty outcomes? Global Poverty addresses these apparently simple questions and the extent to which the answers may be shifting. One might expect global poverty to be focused in the world's poorest countries, usually defined as low-income countries, or least developed countries, or 'fragile states'. However, most of the world's absolute poor by monetary or multi-dimensional poverty - up to a billion people - live in growing and largely stable middle-income countries. At the same time, poverty has not fallen as much as the substantial economic growth would warrant. As a consequence, and as domestic resources have grown, much of global poverty has become less about a lack of domestic resources and more about questions of national inequality, social policy and welfare regimes, and patterns of economic development pursued.
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Global Poverty: Deprivation, Distribution, and Development Since the Cold War
Why are some people poor? Why does absolute poverty persist despite substantial economic growth? What types of late economic development or 'catch-up' capitalism are associated with different poverty outcomes? Global Poverty addresses these apparently simple questions and the extent to which the answers may be shifting. One might expect global poverty to be focused in the world's poorest countries, usually defined as low-income countries, or least developed countries, or 'fragile states'. However, most of the world's absolute poor by monetary or multi-dimensional poverty - up to a billion people - live in growing and largely stable middle-income countries. At the same time, poverty has not fallen as much as the substantial economic growth would warrant. As a consequence, and as domestic resources have grown, much of global poverty has become less about a lack of domestic resources and more about questions of national inequality, social policy and welfare regimes, and patterns of economic development pursued.
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Global Poverty: Deprivation, Distribution, and Development Since the Cold War

Global Poverty: Deprivation, Distribution, and Development Since the Cold War

by Andy Sumner
Global Poverty: Deprivation, Distribution, and Development Since the Cold War

Global Poverty: Deprivation, Distribution, and Development Since the Cold War

by Andy Sumner

Hardcover

$52.00 
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Overview

Why are some people poor? Why does absolute poverty persist despite substantial economic growth? What types of late economic development or 'catch-up' capitalism are associated with different poverty outcomes? Global Poverty addresses these apparently simple questions and the extent to which the answers may be shifting. One might expect global poverty to be focused in the world's poorest countries, usually defined as low-income countries, or least developed countries, or 'fragile states'. However, most of the world's absolute poor by monetary or multi-dimensional poverty - up to a billion people - live in growing and largely stable middle-income countries. At the same time, poverty has not fallen as much as the substantial economic growth would warrant. As a consequence, and as domestic resources have grown, much of global poverty has become less about a lack of domestic resources and more about questions of national inequality, social policy and welfare regimes, and patterns of economic development pursued.

Product Details

ISBN-13: 9780198703525
Publisher: Oxford University Press
Publication date: 09/07/2016
Pages: 206
Product dimensions: 6.20(w) x 9.30(h) x 0.40(d)

About the Author

Andy Sumner, Reader in International Development and Co-Director, King's International Development Institute, King's College London

Andy Sumner is a Reader in International Development and Co-Director of King's International Development Institute, King's College London. His research focuses on poverty theory and concepts and the causes of poverty both at a global level and with reference to Southeast Asia and Indonesia in particular. His work challenges the orthodox view that absolute poverty is necessarily minimal or 'residual' at higher levels of average per capita income. He holds associate positions at Oxford University at the Oxford Poverty and Human Development Initiative and the Center for Global Development in Washington, DC. He was UK representative and Vice President of the European Association of Development Research and Training Institutes from 2008 to 2014, and a council member of the Development Studies Association from 2000 to 2014. He has been listed in Foreign Policy Magazine's 'Top 100 Global Thinkers' and is Deputy Editor and an Editorial Board Member of Global Policy Journal.

Table of Contents

Introduction1. Catch up Capitalism: How has the developing world changed since the end of the Cold War? 2. The Geography of Poverty: How has global poverty changed since the end of the Cold War? 3. Kuznets Revenge: Poverty, inequality, growth and structural change4. The Poverty Paradox: Why are some people still poor? 5. Slowdown Capitalism: Is there a new middle income poverty trap? Conclusions
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