The new routes to deprivation
Public policy on poverty eradication revolves around the perspective of consumption. People are classified poor if they do not have access to adequate food, clothing and other basic consumption necessities. Rapid economic growth in many developing countries over recent decades has liberated millions from such consumption poverty. However, as an article in The Atlantic by Derek Thompson (7 September) highlights, as economies develop and incomes grow beyond subsistence requirements, a new set of necessities—education, healthcare, housing, and energy—are taking an increasing share of people’s incomes.
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