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Category Archives: Poverty

Institutional reforms: Easy said than done

Institutional reforms are the buzzwords in developments nowadays. Daron Acemoglu and James Robinson’s best-selling Why Nations Fail is all about institutions: the balance between inclusive versus exclusive political and economic institutions would determine the development path of countries. Indeed, the full name of the book is Why Nations Fail: The Origins of Power, Prosperity, and Poverty… (I […]

Posted 04 November 2013 † Michael Law § Development Economics ‡ Comments (1) °

Measuring poverty: Different approaches

The New York Times today has an interesting article on how to measure poverty. To oversimplifying things, there are probably three ways to measure poverty. The first one, as Hong Kong is now trying to do, is to set a “poverty line”: people whose income falls below this level would be considered “poor”. The second […]

Posted 20 September 2013 † Michael Law § Development Economics § Hong Kong § Social Policy ‡ Comments Off on Measuring poverty: Different approaches °
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