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Multidimensional Poverty Index
Consider the following statements:
- Multidimensional Poverty Index (MPI) identifies people’s deprivations across four key dimensions – health, income, education and living standards.
- Multidimensional Poverty Index is published by United Nations.
- Sabina Alkire and James Foster are credited for creating a new method for measuring multidimensional poverty, known as the Alkire-Foster (AF) method.
- Alkire-Foster is based on the Foster-Greer-Thorbecke poverty measures, which involves counting the different types of deprivation that individuals experience at the same time, such as a lack of education or employment, or poor health or living standards.
Which of the statements given above is/are correct?
A |
1 only
|
|
B |
2 and 3
|
|
C |
3 and 4
|
|
D |
None of the above
|
Your Ans is
Right ans is B
Your Answer Is Correct
Your Answer Is Wrong
Explanation :
- Statement 1: Multidimensional Poverty Index (MPI) identifies people’s deprivations across three and not four key dimensions. These dimensions are - health, education and living standards. So, this statement is incorrect.
- Statement 2: This Index is publioshed by Oxford Poverty and Human Development Initiative (OPHI) for the United Nations Development Programme's Human Development Report. So, this statement is incorrect.
- Statement 3: This Index uses a method for measuring poverty, developed by Sabina Alkire and James Foster. So, this statement is true.
- Statement 4: Alkire-Foster is actually based on the Foster-Greer-Thorbecke poverty measures. The Foster–Greer–Thorbecke indices are a family of poverty metrics. The most commonly used index from the family, FGT2, puts higher weight on the poverty of the poorest individuals, making it a combined measure of poverty and income inequality and a popular choice within development economics. The indices were introduced in a 1984 paper by economists Erik Thorbecke, Joel Greer, and James Foster.
Source: CSC May 2019
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