The UN Development Programme (UNDP) has released the 2019 global Multidimensional Poverty Index. The report states that of the 101 countries assessed across 31 low income, 68 middle income and 2 high income, about 1.3 billion people are “multi-dimensionally poor. Where does India Stand? With the incidence of multidimensional poverty at 27.5%, multidimensional poverty has almost ..
The Food and Nutrition Security Analysis, India, 2019 report authored by the Government of India and the United Nations World Food Programme has again underlined a sad picture of hunger and malnutrition amongst children in large pockets of India. The report states that the poorest sections of society are caught in a trap of poverty ..
World Development Report categorizes economies on the basis of income in three categories viz. high income, middle income and low income economies. Usually, high income countries are known as developed / advanced economies while low income countries are known as underdeveloped economies. Developed or advanced economies are also characterised by high standard of living, universal ..
The main focus of the Deaton’s study is on measurement issues. In the 1980’s, the research in the economic development was mostly based theoretical and wherever it was empirical, it was based on the aggregate data from nation accounts. And the studies were based on several assumptions about individual consumption behaviour. Deaton questioned the notion ..