On 16th June 2014, Oxford Poverty and Human Development Initiative (OPHI) will release their latest Multidimensional Poverty Index (MPI). This innovative approach to measuring poverty looks beyond the usual income-based measures to analyse deprivation across several areas relating to Health, Education and Living Standards.
The methodology behind MPI is that the weighted average of all the indicators are used together to highlight when deprivation is suffered across multiple areas. It creates an individual profile per household and if they are deprived in more than one third of the indicators across the three dimensions then they are considered multi dimensionally poor.
National average figures show that the world’s poorest, or ‘Bottom Billion’, live in just 30 countries. However, through the analysis of individual profiles, MPI has shown that they are actually located in over 100 countries. This research provides a further insight in to poverty and should complement existing income-based measures to give a broader context to reducing poverty. As more data becomes available OPHI plan to continue their research and look at a wider range of areas where deprivation can occur. This could potentially increase the number of indicators used in the MPI.
This set of indicators has now been uploaded to the Global Value Exchange and it’s something we’re very excited about. You can access them by clicking on the outcome entry, Poverty (change in) under the "How is it measured?" section.
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For more about MPI, read the 2013 report summary here.
The Global MPI 2014 is due to be released on the 16th June 2014. Details of the launch event and how to attend or live stream can be found here.