2015 | OriginalPaper | Buchkapitel
Problems of Dollarising Poverty
verfasst von : Palash Kamruzzaman
Erschienen in: Dollarisation of Poverty: Rethinking Poverty Beyond 2015
Verlag: Palgrave Macmillan UK
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This chapter offers a critical analysis of the universal conceptualisation of poverty of $1 a day through PPP value focusing on the aspects of (1) in-built incoherence of this mechanism for different revised versions of PPP; (2) poor people’s realties that make them pay much higher price for a set bundle of goods, in practice, than the suggested amount; (3) inability to represent an amount of income for a very basic living cost for poor people in actual realities; and (4) creating pseudo-awareness among non-specialist actors of poverty reduction. This chapter then asks why it was so important to promote a dollarised understanding of poverty for all poor countries when it is evident that poverty cannot be encapsulated in one single framework?