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INTRODUCTION TO POVERTY ANALYSIS - World …

INTRODUCTION TO POVERTY ANALYSIS World Bank Institute august 2005 POVERTY Manual, All, JH Revision of august 8, 2005 Page 2 of 218 Table of Contents CHAPTER 1. WHAT IS POVERTY AND WHY MEASURE IT? ..8 The concept of well-being and POVERTY ..9 Why measure POVERTY ? ..10 Thinking Systematically: POVERTY Reduction Strategy Papers (PRSP) ..13 CHAPTER 2. MEASURING Steps in measuring POVERTY ..15 Household surveys ..15 Key survey Common survey problems ..16 Survey design ..16 Goods coverage and valuation ..20 Variability and the time period of measurement ..21 Comparisons across households at similar consumption levels ..21 Key features of Living Standards Measurement (LSMS) surveys ..22 Multi-topic questionnaires ..23 Quality Measuring POVERTY : choose an indicator of welfare ..24 Candidate 1: Income ..26 Candidate 2: Consumption expenditure.

Poverty Manual, All, JH Revision of August 8, 2005 Page 6 of 218 Introduction This manual presents an introductory course on poverty analysis.

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