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Erschienen in:
2015 | OriginalPaper | Buchkapitel
An Overview of Understanding Poverty from Diverse Perspectives
verfasst von : Palash Kamruzzaman
Erschienen in: Dollarisation of Poverty: Rethinking Poverty Beyond 2015
Verlag: Palgrave Macmillan UK
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This chapter offers an overview of poverty from different perspectives such as absolute and relative contexts, social exclusion, capabilities approach, participatory approach, chronic poverty, multidimensional poverty and psychological aspects of poverty (such as shame). It is seen through all these perspectives that poverty is neither universal nor just an economic issue. Drawing on this discussion, it therefore raises the question of why a one-size-fits-all $1 a day poverty, based on Purchasing Power Parity (PPP) value, was incorporated in global poverty reduction discourse? Although, during the past decade, and especially after setting out the Millennium Development Goals (MDGs), poverty has become virtually synonymous with an individual’s income of less than $1 a day, is it applicable to all poor countries? This also sets the ground for the following chapters.