POLB90H3 Lecture Notes - Lecture 4: Millennium Development Goals, Gross National Income, Gini Coefficient
22 Nov 2012
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Document Summary
Poverty and the politics of foreign aid: poverty defined. The foreign aid debate tmr a debate at rex. Lower than 1175 countries are suitable for financial assistant. Purchasing power parity (ppp): the purchasing price of the same basket of goods in different countries. Human development index (hdi): more comprehensible way to understand includes health ( life expectancy) and education attainment ( years of schooling) and standard of living( gdp per capita) 0-1 1is better level of development norway. Dimension of poverty: extreme poverty: those whose income is less than 1 d a day. Implication: conceptualizes the poor as single, homogeneous group whose main problem is low monetary income. Need to understand why people are poor, how poverty differs across groups and which policies are most efficient for each of these groups. Alternative is chronic poverty: poverty that persists for many years or a lifetime and that may be transmitted across generations (hereditary) ethnicity/ class/ genders.
