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Books > Social sciences > Sociology, social studies > Social issues > Unemployment
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The Economics of Poverty - History, Measurement, and Policy (Hardcover)
Loot Price: R5,106
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The Economics of Poverty - History, Measurement, and Policy (Hardcover)
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While there is no denying that the world has made huge progress
against absolute poverty over the last 200 years, until recent
times the bulk of that progress had been made in wealthy countries
only. The good news is that we have seen greater progress against
poverty in the developing world in recent times-indeed, a faster
pace of progress against extreme poverty than the rich world saw
over a period of 100 years or more of economic development.
However, continuing progress is far from assured. High and rising
inequality has stalled progress against poverty in many countries.
We are seeing generally rising relative poverty in the rich world
as a whole over recent decades. And even in the developing world,
there has been less progress in reaching the poorest, who risk
being left behind, and a great many people in the emerging middle
class remain highly vulnerable to falling back into poverty. The
Economics of Poverty strives to support well-informed efforts to
put in place effective policies to assure continuing success in
reducing poverty in all its dimensions. The book reviews critically
the past and present debates on the central policy issues of
economic development everywhere. How much poverty is there? Why
does poverty exist? What can be done to eliminate poverty? Martin
Ravallion provides an accessible new synthesis of current knowledge
on these issues. It does not assume that readers know economics
already. Those new to economics get a lot of help along the way in
understanding its concepts and methods. Economics lives though its
relevance to real world problems, and here the problem of global
poverty is both the central focus and a vehicle for learning.
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