Article

Economic Inequality, Poverty, and Social Exclusion

Brian Nolan and Marx Ive

in The Oxford Handbook of Economic Inequality

Published in print February 2011 | ISBN: 9780199606061
Published online September 2012 | | DOI: http://dx.doi.org/10.1093/oxfordhb/9780199606061.013.0013

Series: Oxford Handbooks in Economics

 Economic Inequality, Poverty, and Social Exclusion

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A large body of research on poverty in industrialized countries has been produced since poverty was ‘rediscovered’ in various rich countries in the 1960s and 1970s. This article provides an overview of the main approaches taken and the evidence produced by this research. It first discusses the way poverty is conceptualized and measured, followed by a review of the evidence about levels and trends in poverty measured in terms of low income. The types of person and household most at risk of poverty and the causal processes at work are then considered. The factors underpinning differences in poverty levels across OECD countries are explored, as is the relationship between poverty and economic inequality. The use of non-income information and the multidimensional nature of poverty and social exclusion are briefly discussed. Finally, some key issues for policy and for future research are highlighted.

Keywords: industrialized countries; low income; poverty; OECD countries; social exclusion

Article.  10936 words. 

Subjects: Economics ; Labour and Demographic Economics ; Public Economics

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