The economic crisis has caused a clear deterioration in the welfare of the people of Indonesia. While there are many dimensions to individual and family welfare, here we focus on only one: a consumption expenditures based measure of "poverty." Even within the measurement of poverty we address only two issues.
May, 2000 |
Lant Pritchett, Asep Suryahadi, Sudarno Sumarto
In this paper, we propose a simple expansion of these measures to quantify "vulnerability." We define vulnerability as a probability, the risk a household will experience at least one episode of poverty in the near future.