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

An in-depth analysis of the global poverty 'problem' and how it is framed and understood. The volume questions existing theories of the causes of global poverty and argues that global poverty is gradually becoming a question of national distribution.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 Povertyaddresses these apparently simple questions and the extent to which the 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 a billion 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 domestic resources and more about questions of national inequality, social policy and welfare regimes, and patterns of economic development pursued.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?ConclusionsAndy Sumner,Reader in International Development and Co-Director, King's International Development Institute, King's College LondonAndy 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 concelã[