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Global Poverty - Deprivation, Distribution, and Development Since the Cold War (Hardcover)
Loot Price: R1,162
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Global Poverty - Deprivation, Distribution, and Development Since the Cold War (Hardcover)
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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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