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Erschienen in:
2010 | OriginalPaper | Buchkapitel
Understanding Poverty: Insights Emerging from Time Use of the Poor
verfasst von : Indira Hirway
Erschienen in: Unpaid Work and the Economy
Verlag: Palgrave Macmillan UK
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It is now widely recognized that to view poverty only as income poverty is far from adequate, because low income/consumption is only one dimension of the multiple dimensions of poverty. The other dimensions of poverty include low human capabilities (human poverty), vulnerability, exclusion and marginalization, chronic nature of poverty and so on, on which there is extensive literature. It is usually argued that a major reason why the poor are poor is that they possess no or low capital, where capital consists of: (1) physical capital; (2) financial capital; (3) human capital; and (4) social capital. Because of their low capital base the poor are restricted in terms of their access to better opportunities in the economy. That is, their access to productive employment and income declines considerably, as they do not have an adequate base of capital.