Causes and Measures of Poverty, Inequality, and Social Exclusion: A Review

Prevailing measures on the topics of monetary and non-monetary poverty—as well as economic and carbon inequality—are being critically assessed under sustainable development goals (SDGs) with a worldwide perspective. On the one hand, the poverty headcount ratio and the indices poverty gap, poverty se...

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Main Authors: George E. Halkos, Panagiotis-Stavros C. Aslanidis
Format: Article
Language:English
Published: MDPI AG 2023-04-01
Series:Economies
Subjects:
Online Access:https://www.mdpi.com/2227-7099/11/4/110
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author George E. Halkos
Panagiotis-Stavros C. Aslanidis
author_facet George E. Halkos
Panagiotis-Stavros C. Aslanidis
author_sort George E. Halkos
collection DOAJ
description Prevailing measures on the topics of monetary and non-monetary poverty—as well as economic and carbon inequality—are being critically assessed under sustainable development goals (SDGs) with a worldwide perspective. On the one hand, the poverty headcount ratio and the indices poverty gap, poverty severity, and Watts are assessed as core poverty indices. On the other hand, important inequality measures such as the Gini index and the Palma ratio are evaluated in order to find their potentials for policymaking. Furthermore, social exclusion (with the extreme forms of aporophobia and homelessness) has detrimental ramifications on human wellbeing and disturbs public provision policies. Thus, poverty, inequality, and social exclusion are integral parts of SDGs (1, 6 and 10), emphasizing the multidisciplinary nature of the above issues. Additionally, intrinsic elements of Agenda 2030 and the measuring of poverty, inequality, and polarization would significantly improve integrated policy pathways in the national and international fora.
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spelling doaj.art-b957c3676d804aaf8825af49d016c7892023-11-17T18:58:38ZengMDPI AGEconomies2227-70992023-04-0111411010.3390/economies11040110Causes and Measures of Poverty, Inequality, and Social Exclusion: A ReviewGeorge E. Halkos0Panagiotis-Stavros C. Aslanidis1Laboratory of Operations Research, Department of Economics, University of Thessaly, 28 Octobriou 78, 38333 Volos, GreeceLaboratory of Operations Research, Department of Economics, University of Thessaly, 28 Octobriou 78, 38333 Volos, GreecePrevailing measures on the topics of monetary and non-monetary poverty—as well as economic and carbon inequality—are being critically assessed under sustainable development goals (SDGs) with a worldwide perspective. On the one hand, the poverty headcount ratio and the indices poverty gap, poverty severity, and Watts are assessed as core poverty indices. On the other hand, important inequality measures such as the Gini index and the Palma ratio are evaluated in order to find their potentials for policymaking. Furthermore, social exclusion (with the extreme forms of aporophobia and homelessness) has detrimental ramifications on human wellbeing and disturbs public provision policies. Thus, poverty, inequality, and social exclusion are integral parts of SDGs (1, 6 and 10), emphasizing the multidisciplinary nature of the above issues. Additionally, intrinsic elements of Agenda 2030 and the measuring of poverty, inequality, and polarization would significantly improve integrated policy pathways in the national and international fora.https://www.mdpi.com/2227-7099/11/4/110povertyincome inequalitywealth inequalitypolarizationsocial exclusionhomelessness
spellingShingle George E. Halkos
Panagiotis-Stavros C. Aslanidis
Causes and Measures of Poverty, Inequality, and Social Exclusion: A Review
Economies
poverty
income inequality
wealth inequality
polarization
social exclusion
homelessness
title Causes and Measures of Poverty, Inequality, and Social Exclusion: A Review
title_full Causes and Measures of Poverty, Inequality, and Social Exclusion: A Review
title_fullStr Causes and Measures of Poverty, Inequality, and Social Exclusion: A Review
title_full_unstemmed Causes and Measures of Poverty, Inequality, and Social Exclusion: A Review
title_short Causes and Measures of Poverty, Inequality, and Social Exclusion: A Review
title_sort causes and measures of poverty inequality and social exclusion a review
topic poverty
income inequality
wealth inequality
polarization
social exclusion
homelessness
url https://www.mdpi.com/2227-7099/11/4/110
work_keys_str_mv AT georgeehalkos causesandmeasuresofpovertyinequalityandsocialexclusionareview
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