Redefining Poverty Research Paper by johnnyoutsmart

The term 'poverty' does not have as clear-cut a definition as many suppose. In the past, the World Bank defined it as a form of economic deprivation, inhibiting access to necessary resources such as food, medication, shelter, or clothing. This paper shows, however, that by 2001, the World Bank realized that the definition of poverty as "deprivation of income" was simply too limited and limiting because it viewed poverty only from the economic perspective, overlooking the social perspective. It is limiting because the economic definition of poverty engenders poverty alleviation strategies, which aim to improve the economic status of individuals, communities, and areas by addressing the economic infrastructure alone, overlooking the fact that the social and political infrastructures may be, and often are, equally responsible for poverty. The paper shows that realization of the mentioned limitations motivated the World Bank to redefine poverty as used in its annual reports. This new definition, holding poverty to be a "pronounced deprivation of well-being," does address some of the limitations of the older definition, but is not a comprehensive definition. Additionally, it has failed to engender new poverty measurement variables, maintaining the same limited and limiting ones used in the earlier definition.

Outline
Definition
Measurements of Poverty
Social and Political Deprivation
Choice in Poverty
Alleviation Strategies
Criticism of Alleviation Strategies
Re-Emphasizing a New Definition of Poverty
Case Discussion and Analysis
Conclusion