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United Nations Development Programme (UNDP) has identified following categories of poverty. Which one is correct ?
Explanation
The United Nations Development Programme (UNDP) distinguishes between two primary conceptualizations of poverty: Income Poverty and Human Poverty.
- Income Poverty: This traditional measure defines poverty based on the lack of sufficient financial resources or income to meet minimum consumption needs, often measured against a specific poverty line.
- Human Poverty: Introduced in the 1997 Human Development Report (HDR), this concept views poverty as a multidimensional deprivation of essential capabilities. It focuses on the denial of choices and opportunities for living a tolerable life, including factors like longevity, knowledge (literacy), and a decent standard of living (access to health services and water).
While income poverty focuses on what people possess, human poverty focuses on what people are able to do or be. This conceptual shift eventually led to the development of the Multidimensional Poverty Index (MPI).
SIMILAR QUESTIONS
The Multi-dimensional Poverty Index developed by Oxford Poverty and Human Development Initiative with UNDP support covers which of the following? 1. Deprivation of education, health, assets and services at household level 2. Purchasing power parity at national level 3. Extent of budget deficit and GDP growth rate at national level Select the correct answer using the codes given below:
Who prepares/publishes the Global Multidimensional Poverty Index (MPI) report ?
1. World Bank and International Monetary Fund (IMF)
2. Oxford Poverty and World Health Organisation (WHO)
3. Oxford Poverty and Human Development Initiative (OPHI)
4. United Nations Development Programme (UNDP)
Select the correct answer from the codes given below :