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Three Related Concepts of Poverty

  • Udaya Wagle
Chapter
Part of the Economic Studies in Inequality, Social Exclusion and Well-Being book series (EIAP, volume 4)

Overview

Historically, poverty has had economic connotations. The basic premise is that one in poverty does not have the income or other economic resources needed to maintain a ‘decent’ quality of life. While poverty has been analyzed using the monetary estimates of income or consumption, it is the capacity to consume that assumes the central role in determining whether or not one is poor. With the argument that these purely economic approaches have failed to accurately capture the degree of poverty experienced, poverty researchers have increasingly sought to explore alternative, more innovative approaches to conceptualize and measure poverty. Capability and social inclusion represent two of such approaches developed in the recent past. Recognizing the multifaceted character of poverty, these approaches demonstrate the need to go beyond material resources to assess one's ability to achieve a non-poor lifestyle. Capability approach, for example, focuses on the freedom aspect of life...

Keywords

Poverty Line Social Exclusion Social Inclusion Capability Approach Income Poverty 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Springer Science+Business Media, LLC 2008

Authors and Affiliations

  • Udaya Wagle
    • 1
  1. 1.Western Michigan UniversityKalamazooUSA

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