The World Bank and "Global Poverty Reduction": good policies or bad data?
By: Kiely, Ray.
Material type:
ArticlePublisher: 2004Description: p.3-20.Subject(s): Poverty
In:
Journal of Contemporary AsiaSummary: This article investigates recent claims - made principally by the World Bank - that world poverty is declining, and that this decline is due to countries adopting "pro-globalisation" policies. It is argued that such claims are based on selective and very questionable evidence, as well as a technocratic approach to poverty reduction that ignores the issue of inequality. Through an assessment of the problems of measuring income-related poverty, it is argued that (i) there is insufficient reliable data for us to know what is happening in terms of poverty trends; (ii) the measurements used tend to have a bias towards recording a long-term reduction in global poverty; (iii) there is a linkage between poverty and inequality, both within and between countries, is a far more important issue than current poverty reduction discourses suggest; (v) insofar as there may be a decline in poverty, this is despite, rather than because of "pro-globalisation" policies. The article concludes by briefly suggesting that the world economy is not as benign a force as the World Bank suggests, and that capital concentration takes place through a process of "cumulative causation". - Reproduced.
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Articles
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Indian Institute of Public Administration | Volume no: 34, Issue no: 1 | Available | AR62419 |
This article investigates recent claims - made principally by the World Bank - that world poverty is declining, and that this decline is due to countries adopting "pro-globalisation" policies. It is argued that such claims are based on selective and very questionable evidence, as well as a technocratic approach to poverty reduction that ignores the issue of inequality. Through an assessment of the problems of measuring income-related poverty, it is argued that (i) there is insufficient reliable data for us to know what is happening in terms of poverty trends; (ii) the measurements used tend to have a bias towards recording a long-term reduction in global poverty; (iii) there is a linkage between poverty and inequality, both within and between countries, is a far more important issue than current poverty reduction discourses suggest; (v) insofar as there may be a decline in poverty, this is despite, rather than because of "pro-globalisation" policies. The article concludes by briefly suggesting that the world economy is not as benign a force as the World Bank suggests, and that capital concentration takes place through a process of "cumulative causation". - Reproduced.
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