SOC135 Assignment: Annotated Bibliography on Global Poverty Theme

This annotated bibliography focuses on the theme of global poverty, drawing from three scholarly journal articles. The first article, by Ferreira and Ravallion, examines global poverty and income inequality using data from 130 countries, highlighting the correlation between poverty and inequality in both developed and developing nations. The second article, by Jolliffe and Prydz, investigates the impact of purchasing power parity (PPP) on global poverty estimation, suggesting that changes in PPP data can significantly influence poverty estimates. The third article, by Kessler and Di Virgilio, explores new dimensions of urban poverty, particularly in Argentina, focusing on the concept of “structural poverty” and the challenges faced by newly impoverished populations. Each annotation provides a critical summary of the article, including key points and insights into the complexities of global poverty.

Running head: GLOBAL POVERTY
Global Poverty
Name of the student
Name of the university
Author Note

1GLOBAL POVERTY
Ferreira, Francisco H.G., and Ravallion, Martin.“Global Poverty and Inequality : A
Review of the Evidence.” Policy Research Working Paper, No. 4623. World Bank,
Washington, DC. © World Bank. License: CC BY 3.0 IGO,
https://openknowledge.worldbank.org/handle/10986/6675. 2008.
Francisco H.G Ferreira and Martine Ravallion, member of the Development Research
Group World Bank, focused on two major problems of the world. These are global poverty and
income inequality. To establish a correlation between poverty and indices of inequality of both
developed and developing countries, authors collected data from household surveys from 130
countries. In the first part of their paper, authors discussed about their poverty and inequality
data. They also presented evidence related to levels and recent trends related to worldwide
poverty and inequality of income. Second part of this paper analysed about various issues that
were involved in aggregating inequality indices of various countries. This analysis helped them
to construct a meaningful measurement of global inequality and pointed out on unequal
conditions of health and education, globally.
In the third part of this report, they discussed about the empirical relationship of
economic growth with poverty and inequality dynamics. After analysing all factors, they
concluded that absolute poverty is a serious issue especially for developing countries. Those
developing countries possessed maximum population. However, they faced income inequality
and less development. They also analysed about the impact of persistent inequality in developing
countries.

2GLOBAL POVERTY
Jolliffe, Dean Mitchell., and Prydz, Espen Beer. “Global Poverty Goals and Prices : How
Purchasing Power Parity Matters.” Policy Research Working Paper;No. 7256. World Bank,
Washington, DC. © World Bank. License: CC BY 3.0 IGO,
https://openknowledge.worldbank.org/handle/10986/21988. 2015.
Dean Jolliffe and Espen Beer Prydz are the team members of the Development
Economics Research Group of the World Bank. In this research paper, both researchers tried to
find out whether purchasing power parity (PPP) had any importance to calculate the global
poverty estimation. The data of PPP of 2005 showed that the number of poor was increasing
globally. However, the data related to price of the year 2011 represented another result. The
incomes of developing countries in terms of PPP-adjusted dollars are high compare to 2005.
Hence, this data implied that the total number of poor people decreased, all over the world.
Moreover, their findings and analysis suggested that the number of global poverty would be
omitted by 2030.
In this paper, both authors developed a set of “equivalent poverty lines” for each country
in terms of PPP of 2011. This set corresponded with the poverty lines of PPPs of 2005. After
analysing the overall data set, this paper tried to find out answers related to some questions. They
answered that whether new data set of PPP had any impact on global poverty estimates or not
and the way of influence. Their outcomes differed from the view that changes of PPP data could
not change poverty estimation.

3GLOBAL POVERTY
Kessler, Gabriel, and María Mercedes Di Virgilio. “The New Urban Poverty: Global,
Regional and Argentine Dynamics during the Last Two Decades.” Economic Commission for
Latin America and the Caribbean - ECLAC United Nations (CEPAL).pp.-31-50, 2008
Gabrielo Kessler and Maria Mercedes Di Virgilio have written their paper, based on new
urban poverty. This article focused on various dimensions related to poverty of urban of 1980s
and 1990s. Before its chief analysis, writers described about various definitions of poverty in
terms of some developed countries. However, they examined the case study of Argentina and
focused on the extreme poverty condition of middle class people of that country during the year
1970s and 2001.
To describe the entire process of losing wealth and becoming poor, they used the concept
“structural poverty”. After discussing every aspects regarding poverty in Argentina, they
concluded that a new poor people faced a transformation and some specific challenges related to
public policy.

4GLOBAL POVERTY
References:
Ferreira, Francisco H.G., and Ravallion, Martin.“Global Poverty and Inequality : A Review of
the Evidence.” Policy Research Working Paper, No. 4623. World Bank, Washington, DC. ©
World Bank. License: CC BY 3.0 IGO,
https://openknowledge.worldbank.org/handle/10986/6675. 2008.
Jolliffe, Dean Mitchell., and Prydz, Espen Beer. “Global Poverty Goals and Prices : How
Purchasing Power Parity Matters.” Policy Research Working Paper;No. 7256. World Bank,
Washington, DC. © World Bank. License: CC BY 3.0 IGO,
https://openknowledge.worldbank.org/handle/10986/21988. 2015.
Kessler, Gabriel, and María Mercedes Di Virgilio. “The New Urban Poverty: Global, Regional
and Argentine Dynamics during the Last Two Decades.” Economic Commission for Latin
America and the Caribbean - ECLAC United Nations (CEPAL).pp.31-50, 2008.