Global Poverty: Deprivation, Distribution, and Development Since the Cold War

Hardcover | August 6, 2016

byAndy Sumner

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Why are some people poor? Why does absolute poverty persist despite substantial economic growth? What types of late economic development or "catch-up" capitalism are associated with different poverty outcomes? Global Poverty addresses these apparently simple questions and the extent to whichthe answers may be shifting. One might expect global poverty to be focused in the world's poorest countries, usually defined as low-income countries, or least developed countries, or "fragile states". However, most of the world's absolute poor by monetary or multi-dimensional poverty - up to abillion people - live in growing and largely stable middle-income countries. At the same time, poverty has not fallen as much as the substantial economic growth would warrant. As a consequence, and as domestic resources have grown, much of global poverty has become less about a lack of domesticresources and more about questions of national inequality, social policy and welfare regimes, and patterns of economic development pursued.

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Why are some people poor? Why does absolute poverty persist despite substantial economic growth? What types of late economic development or "catch-up" capitalism are associated with different poverty outcomes? Global Poverty addresses these apparently simple questions and the extent to whichthe answers may be shifting. One might expect...

Andy Sumner is a Reader in International Development and Co-Director of King's International Development Institute, King's College London. His research focuses on poverty theory and concepts and the causes of poverty both at a global level and with reference to Southeast Asia and Indonesia in particular. His work challenges the orthodo...

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Format:HardcoverDimensions:208 pages, 9.21 × 6.02 × 0.98 inPublished:August 6, 2016Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:019870352X

ISBN - 13:9780198703525

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Table of Contents

Introduction1. Catch up Capitalism: How has the developing world changed since the end of the Cold War?2. The Geography of Poverty: How has global poverty changed since the end of the Cold War?3. Kuznets Revenge: Poverty, inequality, growth and structural change4. The Poverty Paradox: Why are some people still poor?5. Slowdown Capitalism: Is there a new middle income poverty trap?Conclusions