This paper argues for a much stronger focus on chronic poverty in analysis and policy debate, but also that this needs to be based on a broader concept. The argument is set out as follows. The next section discusses current approaches to the analysis of chronic poverty and poverty dynamics, leading into a discussion about the limitations of monetary measures. The following two sections discuss two alternative approaches, one based on assets, and the other on concepts of needs or human development. This leads into a discussion of progress to date in terms of implementing some of these approaches at the micro level. The final section synthesises interim conclusions.
Hulme, D.; McKay, A. Identifying and Measuring Chronic Poverty: Beyond Monetary Measures. CPRC-IIPA Working Paper No. 30 Chronic Poverty Research Centre, Manchester, UK (2006) 35 pp.
Identifying and Measuring Chronic Poverty: Beyond Monetary Measures, CPRC-IIPA Working Paper No. 30