Contributions for the construction of a global measure of poverty: The case of Colombia 2011-2017

Abstract

Poverty, as one of the constraints of social welfare, is among the greatest concerns of countries, multilateral agencies, and society in general. However, international academic consensus regarding the concept, measurement, and international comparability remains distant. As such, this paper seeks to approximate positions on the subject, and propose an indicator that can overcome one-dimensional visions of a polyhedral and multicultural phenomenon. In light of the results, and using data from 121,802 households from the 2012-2017 National Quality of Life Survey, it was evident that in six years, Colombia reduced its incidence of poverty by 7.2 percentage points, the gap by 1.1, and inequality by 1 percentage point, with rural areas and households being affected more frequently.