The panel aims at: (a) presenting new indicators of multidimensional poverty; (b) shedding light on the relationships between income and multidimensional poverty; (c) assessing global trends in multidimensional poverty, also across key groups; (d) explore the role of different policies and factors.
The first Sustainable Development Goal of the 2030 Agenda calls for ending "poverty in all its forms everywhere", therefore recognizing the multidimensional nature of poverty. Despite this, poverty is usually still measured in monetary terms. Some scholars argue that an income-based measure of poverty can sufficiently capture poverty in other dimensions. However, this assumption can be criticized and has not been adequately tested, especially in cross-country studies. Further empirical evidence is therefore required, especially considering its policy relevance. This panel intends to provide new insights into the measurement of multidimensional poverty and its assessment in low- and middle-income countries. More in detail, it intends to: (a) host proposals for new indicators of multidimensional poverty, which are grounded on a solid theoretical framework and are methodologically sound; (b) present and discuss evidence on the - static and dynamic - relationships between income and multidimensional poverty across, as well as within, countries; (c) assess global trends in multidimensional poverty, both overall and across key groups, such as men and women, young and adults, rural and urban people; (d) examine the role of different explanatory factors/policies, such as economic growth, social expenditures, and employment policies in alleviating multidimensional poverty.