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The main poverty line used in the OECD and the European Union is a relative poverty measure based on 60% of the median household income. The United States uses an absolute poverty measure based on the U.S. Department of Agriculture's "economy food plan", adjusted for inflation. The World Bank also defines poverty in absolute terms.
The Foster–Greer–Thorbecke indices are a family of poverty metrics.The most commonly used index from the family, FGT 2, puts higher weight on the poverty of the poorest individuals, making it a combined measure of poverty and income inequality and a popular choice within development economics.
The depth of poverty is the average 'gap' (G) between the level of deprivation poor people experience and the poverty cut-off line. M1 = H x A x G. Adjusted Squared Poverty Gap (M2): This measure reflects the incidence, intensity, and depth of poverty, as well as inequality among the poor (captured by the squared gap, S). M2 = H x A x S.
A deprivation index or poverty index (or index of deprivation or index of poverty) is a data set to measure relative deprivation (a measure of poverty) of small areas. Such indices are used in spatial epidemiology to identify socio-economic confounding .
The commission included Amartya Sen, Ana Revenga, François Bourguignon, Stefan Dercon and Nora Lustig and had the objective to advise the international institutions on how to measure and monitor global poverty. [21] The commission is usually referred to as the Atkinson Commission. Before his death he was working on a book on global poverty.
Sabina Alkire is an American academic and Anglican priest, who is the director of the Oxford Poverty and Human Development Initiative (OPHI), an economic research centre within the Oxford Department of International Development at the University of Oxford, England, which was established in 2007. [1]
The first research phase of the Individual Deprivation Measure started in 2009. It was a four-year, international, interdisciplinary research collaboration, led by the Australian National University, in partnership with the International Women's Development Agency and the Philippine Health and Social Science Association, University of Colorado at Boulder, and Oxfam Great Britain (Southern ...
Poverty, by America is a 2023 non-fiction book by Matthew Desmond, a sociology professor. Published by Crown Publishing Group , it was released on March 21, 2023. Overview