The last thirty years in the analysis of inequality and poverty,
especially in developing countries, has seen two phases—a phase of
conceptual advancement, followed by a phase of application and policy
debate. Both phases were exciting and useful in their own way, but the
applied phase has significantly exhausted the potential of the
conceptual advances of two decades ago, and new advances have been few
and far between. However, there is now a need, and an opening, for a new
phase of conceptual advances, advances that will make use of shifting
methodological terrain in mainstream economics, and that will answer
emerging policy questions that would otherwise have no easy answers (or,
perhaps, too easy answers).
Conceptual challenges in poverty and inequality: one development economist’s perspective, presented at Staying Poor: Chronic Poverty and Development Policy, Institute for Development Policy and Management, University of Manchester, 7-9 April 2003. Chronic Poverty Research Centre (CPRC), Manchester, UK, 11 pp.
Conceptual challenges in poverty and inequality: one development economist’s perspective.