- Figures (and map)
- Shifting Paradigms in Latin America's Economic Development
- Institutions and the Historical Roots of Latin American Divergence
- Political Institutions, Policymaking, and Economic Policy in Latin America
- The Washington Consensus: Assessing A “damaged Brand”
- From Old to New Developmentalism in Latin America
- Environmental Sustainability
- Taming Capital Account Shocks: Managing Booms and Busts
- Exchange Rate Regimes in Latin America
- Monetary Policy in Latin America: Performance Under Crisis and the Challenges of Exuberance
- Domestic Financial Development in Latin America
- Fiscal Policy in Latin America
- Fiscal Legitimacy, Inequalities, and Democratic Consolidation in Latin America
- Latin America in the World Trade System
- Regional Integration
- The Effects of Trade Liberalization on Growth, Employment, and Wages
- The Recent Commodity Price Boom and Latin American Growth: More than New Bottles for an Old Wine?
- Curse or Blessing? Natural Resources and Human Development
- Foreign Direct Investment in Latin America
- China and the Future of Latin American Economic Development
- Latin America in the Recent Wave of International Migration
- Structural Transformation and Economic Growth in Latin America
- Learning, Technological Capabilities, and Structural Dynamics
- Why Has Productivity Growth Stagnated in Most Latin American Countries Since the Neo-Liberal Reforms?
- Agricultural and Rural Development
- An Energy Panorama of Latin America
- Infrastructure in Latin America
- The Rise and Fall of Income Inequality in Latin America
- Multidimensional Poverty in Latin America: Concept, Measurement, and Policy
- Economic Insecurity and Development in Latin America and the Caribbean
- Employment: The Dominance of the Informal Economy
- Latin American Labor Reforms: Evaluating Risk and Security
- Social Protection in Latin America: Achievements and Limitations
- Social Security Reforms in Latin America
Abstract and Keywords
This chapter summarizes the conceptual and methodological discussion on the multidimensional measurement of poverty and shows recent applications to Latin American countries. The second section discusses the conceptual foundations of multidimensionality based on Amartya Sen's notion of functionings and capabilities. The third section provides a brief literature review on the existing approaches to measure multidimensional poverty, including the human development and the basic needs approaches. There follows a discussion of recent theoretical contributions on methods based on the axiomatic derivation of poverty indices for disaggregated data and generalizations of income-based methodologies, as well as subjective and participatory approaches. The fourth section includes empirical applications of multidimensional measures in Latin America, and discusses the evolution of poverty in the region from a multidimensional perspective. Before concluding with some views on avenues for further research, the fifth section reviews the policy use of multidimensional measurement in specific anti-poverty programmes.
Rebeca Grynspan, Associate Administrator of the United Nations Development Programme (UNDP).
Luis F. López-Calva is Chief Economist of the Regional Bureau for Latin America and the Caribbean, United Nations Development Programme (UNDP), New York.
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