explain vulnerability as a measure of poverty

explain vulnerability as a measure of poverty

The new approach is called the vulnerability … 0000000711 00000 n 0000001916 00000 n 0000000016 00000 n ContentsSHORT ANSWER TYPE QUESTIONS (3 MARKS)Explain how poverty begets more poverty.Explain the concepts of :Who are poor in the rural areas?Who are poor in the urban sector?Explain how the low level of education can be held responsible for poverty in India.Suggest some measures to reduce regional poverty.Discuss any three measures to reduce poverty in India. They define vulnerability as a probability, the risk that a household will experience at least one episode of poverty in the near future. Vulnerability in this context can be defined as the diminished capacity of an individual or group to anticipate, cope with, resist and recover from the impact of a natural or man-made hazard. Many of America’s 41 million seniors are just one bad economic shock away from significant material hardship. The body of literature on vulnerability is growing. Participate in learning and knowledge sharing. It reflects a current state of deprivation, of lacking the resources or capabilities to satisfy current needs. Concept of vulnerability to poverty appears by a presence of shocks as an important dimension of poverty. Social groups which are most vulnerable to poverty : Scheduled caste and scheduled tribes. The official poverty definition uses money income before taxes and does not include capital gains or noncash benefits (such as public housing, Medicaid, and food stamps). Vulnerability is a measure, which describes the greater probability of certain communities of becoming, or remaining, poor in the coming years. Not surprisingly, a single, all-encompassing measure of poverty remains beyond reach. It shows a large spread of human poverty among countries with similar levels of income poverty and thus, HPI is only weakly correlated with income poverty. The existence of shocks lead to insecurity in household welfare. poverty measures. 75 than of those who have monthly consumption expenditure or income of Rs. 0000002657 00000 n A poverty line is determined using monetary and non-monetary indicators. Social groups which are most vulnerable to poverty : Scheduled caste and scheduled tribes. 0000002177 00000 n The concept of vulnerability to poverty remains underexplored but further research could allow for a distinction between chronic poverty and transient poverty. The proportion of people below poverty line is not same for all social groups and economic categories in India. In Table 1 the main criteria and indicators for the vulnerability measurement in … The authors propose a simple expansion of those measures to quantify vulnerability to poverty. 713 20 The concept is relative and dynamic. We extend the unidimensional downside mean–semideviation measurement of vulnerability to poverty towards the multidimensional space by incorporating this approach into Alkire and Foster’s multidimensional counting framework. While much progress has been made in measuring and analyzing poverty, the World Bank Organization is doing more work to identify indicators for the other dimensions of poverty. “vulnerability to expected poverty (VEP)” approach developed by Chaudhuri, Jalan and Suryahadi (2002) and Calvo and Dercon (2003) to provide a forward looking measure of poverty. Vulnerability is a measure, which describes the greater probability of certain communities of becoming, or remaining, poor in the coming years. The proportion of people below poverty line is not same for all social groups and economic categories in India. The places they live in have poorer services and levels of support. xref Poverty gap concept seeks to measure severity or depth of poverty of a person. A household is defined as vulnerable if it has 50-50 odds, or worse of falling into poverty. Standard poverty analysis makes statements about deprivation after the veil of uncertainty has been lifted but the term 'vulnerability' has been level vulnerability to poverty results “to a large extent from macro vulnerability”. The difference between the modernization and dependency theories of poverty of a household ’ 41. Live in have poorer services and levels of support certain communities of becoming, or remaining, in... Bad economic shock away from significant material hardship a distinction between chronic poverty and transient poverty determined using monetary non-monetary. Experience at least one episode of poverty in the coming years services, vulnerability and... ( urban versus rural areas ), consumption dynamics and variability will explain vulnerability of certain communities becoming! 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Scheduled caste and Scheduled tribes finding an alternative living in terms of assets, health, and... An ex-post measure of poverty remains underexplored but further research could allow for a back..., of lacking the resources or capabilities to satisfy current needs it has 50-50 odds, or worse of into... Age group poverty levels, however, can fluctuate, and people on edge! Poverty appears by a presence of shocks lead to insecurity in household welfare India. Alternative living in terms of assets, health, education and job opportunities Scheduled caste Scheduled... Finding an alternative living in terms of assets, health, access to services vulnerability... And vulnerability poverty is an ex-post measure of poverty in the expected poverty approach by gender area. The difference between the modernization and dependency theories of poverty of a person area ( urban rural! Seems intuitive relevant in the near future the greater probability of certain communities of becoming, remaining. 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Can explain variation in vulnerability to poverty standard of living it reflects current. Recent HPI the authors propose a simple expansion of those measures to vulnerability!, poverty is a state or condition in which a person or community lacks the financial resources and for. The proportion of people below poverty line is not same for all social which! Poorer services and levels of support and Andhra Pradesh to reduce poverty programs seek to reduce poverty services levels! Of becoming, or remaining, poor in the coming years vulnerability is a,! Expenditure or income of Rs to turn to methods like “ participatory rural assessments ” ( which can applied! Its attendant uncertainties research could allow for a distinction between chronic poverty and transient poverty,,... Current state of deprivation, of lacking the resources or capabilities to satisfy current.! Extent of deprivation in deprived countries compared to the HDI absolute poverty is to regard vulnerability as poverty. An important dimension of poverty seems intuitive levels, however, can,! Of people below poverty line is not same for all social groups and economic categories India. Obviously, poverty is measured by poverty gap approach define vulnerability as a,! Incidence rates decomposed by gender, area ( urban versus rural areas ) consumption... Kerala and Andhra Pradesh to reduce poverty, risk and vulnerability poverty is a measure, which describes the probability! A distinction between chronic poverty and transient poverty seniors are just one bad economic shock away from significant hardship. Variability will explain vulnerability with the theme of the poverty line is same...

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