What is meant by multidimensional poverty index?
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What is meant by multidimensional poverty index?
The global Multidimensional Poverty Index (MPI) is an international measure of acute multidimensional poverty covering over 100 developing countries. It complements traditional monetary poverty measures by capturing the acute deprivations in health, education, and living standards that a person faces simultaneously.
What is MPI and how it is calculated?
The MPI value summarizes information on multiple deprivations into a single number. It is calculated by multiplying the poverty headcount by the intensity of poverty.
What is the range of MPI?
zero to one
MPI value: The MPI value, which ranges from zero to one, is calculated by multiplying the incidence of poverty by the average intensity of poverty.
Why is the MPI better than the HDI?
Comparison with HDI While both the HDI and the MPI use the three broad dimensions health, education and standard of living, the HDI uses indicators at the aggregate level while MPI uses micro data and all indicators must come from the same survey.
How is multidimensional poverty index calculated?
It is calculated by adding up the proportion of total deprivations each person suffers (for example, in Table 2, Person 1 suffers 4 out of 6 deprivations and Person 4 suffers 6 out of 6) and dividing by the total number of poor persons. A = (4/6 + 6/6)/2 = 5/6.
How do you calculate multidimensional poverty index?
WHO releases the multidimensional poverty index MPI?
UNDP
It has since been used to measure acute poverty across over 100 developing countries. The Global MPI is released annually by UNDP and OPHI and the results published in their websites.
Why is multidimensional poverty index important?
Focusing on one factor alone, such as income, is not enough to capture the true reality of poverty. Multidimensional poverty measures can be used to create a more comprehensive picture. They reveal who is poor and how they are poor – the range of different disadvantages they experience.
WHO releases multidimensional poverty index?
National Multidimensional Poverty Index: Baseline Report based on NFHS-4 (2015-16) has been developed by NITI Aayog in consultation with 12 Line Ministries and in partnership with State governments and the index publishing agencies –Oxford University’s Oxford Poverty and Human Development Initiative (OPHI) and United …