These lectures aim to help readers understand the logics and nature of the main indicators of inequality and poverty, with special attention to their social welfare underpinnings. The key approach consists in linking inequality and poverty measurement with welfare evaluation. As concern for inequality and poverty stems from ethical considerations, the measurement of those aspects necessarily involves some value judgments. Those value judgments can be linked, directly or indirectly, to welfare assessments on the distribution of personal and social opportunities. Inequality and poverty are thus considered to be partial aspects of the welfare evaluation of the opportunities in a given society. The volume includes two applications that illustrate how the models can be implemented. They refer to inequality of opportunity and poverty in education, using PISA data.

This volume presents ten chapters that discuss the economics of poverty, inequality and welfare. They address how we measure poverty, inequality and welfare and how we use such measurements to devise policies to deliver social mobility. They consider both theoretical and empirical topics with special reference to developing countries.

"An overview of the economic development of and policies intended to combat poverty around the world"--Provided by publisher.

As events highlight deep divisions in attitudes between America and Europe, this is a very timely study of different approaches to the problems of domestic inequality and poverty. Based on careful and systematic analysis of national data, the authors describe just how much the two continents differ in their level of State engagement in the redistribution of income. Discussing various possible economic explanations for the difference, they cover different levels of pre-tax income, openness, and social mobility; they survey politico-historical differences such as the varying physical size of nations, their electoral and legal systems, and the character of their political parties, as well as their experiences of war; and they examine sociological explanations, which include different attitudes to the poor and notions of social responsibility. Most importantly, they address attitudes to race, calculating that attitudes to race explain half the observed difference in levels of public redistribution of income. This important and provocative analysis will captivate academic and serious lay readers in economics and welfare systems.

In this classic text, first published in 1973, Amartya Sen relates the theory of welfare economics to the study of economic inequality. He presents a systematic treatment of the conceptual framework as well as the practical problems of measurement of inequality. In his masterful analysis, Sen assesses various approaches to measuring inequality and delineates the causes and effects of economic disparities. Containing the four lectures from the original edition as well as a new introduction, this timeless study is essential reading for economists, philosophers, and social scientists. In a substantial new annexe, Amartya Sen, jointly with James Foster, critically surveys the literature that followed the publication of this book, and also evaluates the main analytical issues in the appraisal of economic inequality and poverty.

"Extremely coherent and useful, this much needed volume is concerned with the current status of the poor in Western industrial states. Its closely linked essays allow comparisons between case studies and are often themselves cross-national comparisons....The essays also comment on the meaning of globalization for social policy." —Choice "Excellent and tightly integrated articles by a group of prominent international scholars....A timely and important book, which will surely become the basic reference point for all future research on inequality and social policy." —Contemporary Sociology The social safety net is under strain in all Western nations, as social and economic change has created problems that traditional welfare systems were not designed to handle. Poverty, Inequality, and the Future of Social Policy provides a definitive analysis of the conditions that are fraying the social fabric and the reasons why some countries have been more successful than others in addressing these trends. In the United States, where the poverty rate in the 1980s was twice that of any advanced nation in Europe, the social protection system—and public support for it—has eroded alarmingly. In Europe, the welfare system more effectively buffered the disadvantaged, but social expenditures have been indicted by many as the principal cause of high unemployment. Concluding chapters review the progress and goals of social welfare programs, assess their viability in the face of creeping economic, racial, and social fragmentation, and define the challenges that face those concerned with social cohesion and economic prosperity in the new global economy. This volume illuminates the disparate effects of government intervention on the incidence and duration of poverty in Western countries. Poverty, Inequality, and the Future of Social Policy is full of lessons for anyone who would look beyond the limitations of the welfare debate in the United States.