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OPHI
The Oxford Poverty and Human Development Initiative (OPHI) is an economic research centre within the Oxford Department of International Development at the University of Oxford, England, that was established in 2007. History The centre was established in 2007. In 2010, OPHI developed the Multidimensional Poverty Index for the United Nations Development Programme's Human Development Report. Since then OPHI has published Global Multidimensional Poverty Index (MPI)annually. OPHI also serves as the Secretariat of thMultidimensional Poverty Peer Network (MPPN) a South-South initiative that supports policymakers to develop multidimensional poverty measures. It promotes the use of such measures for more effective poverty eradication efforts at the global, national and local levels. About OPHI aims to build and advance a more systematic methodological and economic framework for reducing multidimensional poverty, grounded in people's experiences and values. OPHI works towards this by: ...
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Sabina Alkire
Sabina Alkire is the director of the Oxford Poverty and Human Development Initiative (OPHI), an economic research centre within the Oxford Department of International Development at the University of Oxford, England, which was established in 2007. She is a fellow of the Human Development and Capability Association. She has worked with organizations such as the Commission on the Measurement of Economic Performance and Social Progress, the United Nations Human Development Programme Human Development Report Office, the European Commission, and the UK's Department for International Development. Alkire and fellow OPHI member economist James Foster developed the Alkire Foster Method, a method of measuring multidimensional poverty. It includes identifying ‘who is poor’ by considering the range of deprivations they suffer, and aggregating that information to reflect societal poverty. The application and implementation of the Alkire-Foster (AF) method produced a Multidimensional Pov ...
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Multidimensional Poverty Index
Multidimensional Poverty Indices use a range of indicators to calculate a summary poverty figure for a given population, in which a larger figure indicates a higher level of poverty. This figure considers both the proportion of the population that is deemed poor, and the 'breadth' of poverty experienced by these 'poor' households, following the Alkire & Foster 'counting method'. The method was developed following increased criticism of monetary and consumption based poverty measures, seeking to capture the deprivations in non-monetary factors that contribute towards well-being. While there is a standard set of indicators, dimensions, cutoffs and thresholds used for a 'Global MPI', the method is flexible and there are many examples of poverty studies that modify it to best suit their environment. The methodology has been mainly, but not exclusively, applied to developing countries. The Global Multidimensional Poverty Index (MPI) was developed in 2010 by the Oxford Poverty & Human D ...
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Happiness Economics
The economics of happiness or happiness economics is the theoretical, qualitative and quantitative study of happiness and quality of life, including positive and negative affects, well-being, life satisfaction and related concepts – typically tying economics more closely than usual with other social sciences, like sociology and psychology, as well as physical health. It typically treats subjective happiness-related measures, as well as more objective quality of life indices, rather than wealth, income or profit, as something to be maximized. The field has grown substantially since the late 20th century, for example by the development of methods, surveys and indices to measure happiness and related concepts,• Carol Graham, 2008. "happiness, economics of," ''The New Palgrave Dictionary of Economics'', 2nd EditionAbstract.Prepublicatio copy.br />  • _____, 2005. "The Economics of Happiness: Insights on Globalization from a Novel Approach," ''World Economics'', 6(3), pp41â ...
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James Foster (economist)
James Eric Foster (born November 4, 1955) is Professor of Economics and International Affairs at the George Washington University, in the Elliott School of International Affairs, researching welfare economics and poverty measurement. He is known for developing the Alkire Foster Method, with University of Oxford professor and OPHI Director Sabina Alkire. He is a board member for the World Bank. Career He received his Ph.D. in Economics from Cornell University where he received the Selma Fine Goldsmith Award for his dissertation. He has also taught at the Krannert School of Management at Purdue University, along with Vanderbilt University. James Foster and Sabina Alkire developed the Alkire Foster Method for Multidimensional Poverty Measurement, a measurement that allows for a more holistic approach to identifying poverty globally, taking into account dimensions like health or education, in a departure from traditional income methods. Today, dozens of countries have adopted th ...
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Oxford Department Of International Development
The Oxford Department of International Development (ODID), or Queen Elizabeth House (QEH), is a department of the University of Oxford in England, and a unit of the University’s Social Sciences Division. It is the focal point at Oxford for multidisciplinary research and postgraduate teaching on the developing world. The current Head of Department is Professor Diego Sanchez-Ancochea. Former Heads of Department include Dr Nandini Gooptu, Dr Christopher Adam, Professor Valpy FitzGerald, Professor Barbara Harriss-White, Rosemary Thorp and Professor Frances Stewart. History QEH was founded as a result of a gift of £100,000 given by Sir Ernest Oppenheimer to the University of Oxford. The donation was for the development of colonial studies and the establishment of an associated colonial centre. A further gift of £50,000 was given by the Colonial Development and Welfare Fund of the British government. QEH was constituted by Royal Charter in 1954 to provide a residential cent ...
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Bhutan GNH Index
Gross National Happiness (GNH), sometimes called Gross Domestic Happiness (GDH), is a philosophy that guides the government of Bhutan. It includes an index which is used to measure the collective happiness and well-being of a population. Gross National Happiness Index is instituted as the goal of the government of Bhutan in the Constitution of Bhutan, enacted on 18 July 2008. History The advent and concept of "Gross National Happiness" (GNH) germinated in the mind of Bodhisattva Druk Gyelpo, the 4th King of Bhutan, Jigme Singye Wangchuk, groomed with the evolution of "Gaki Phuensum" (Peace and Prosperity) and the modernization period of Bhutan during the reign of Druk Gyelpo, the 3rd King of Bhutan, Jigme Dorji Wangchuk. The term "Gross National Happiness" as conceptualized by the 4th King of Bhutan, Jigme Singye Wangchuck, in 1972 was declared as, "more important than Gross Domestic Product." The concept implies that sustainable development should take a holistic approach toward ...
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Gross National Happiness
Gross National Happiness (GNH), sometimes called Gross Domestic Happiness (GDH), is a philosophy that guides the government of Bhutan. It includes an index which is used to measure the collective happiness and well-being of a population. Gross National Happiness Index is instituted as the goal of the government of Bhutan in the Constitution of Bhutan, enacted on 18 July 2008. History The advent and concept of "Gross National Happiness" (GNH) germinated in the mind of Bodhisattva Druk Gyelpo, the 4th King of Bhutan, Jigme Singye Wangchuk, groomed with the evolution of "Gaki Phuensum" (Peace and Prosperity) and the modernization period of Bhutan during the reign of Druk Gyelpo, the 3rd King of Bhutan, Jigme Dorji Wangchuk. The term "Gross National Happiness" as conceptualized by the 4th King of Bhutan, Jigme Singye Wangchuck, in 1972 was declared as, "more important than Gross Domestic Product." The concept implies that sustainable development should take a holistic approach toward ...
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The Economist
''The Economist'' is a British weekly newspaper printed in demitab format and published digitally. It focuses on current affairs, international business, politics, technology, and culture. Based in London, the newspaper is owned by The Economist Group, with its core editorial offices in the United States, as well as across major cities in continental Europe, Asia, and the Middle East. In 2019, its average global print circulation was over 909,476; this, combined with its digital presence, runs to over 1.6 million. Across its social media platforms, it reaches an audience of 35 million, as of 2016. The newspaper has a prominent focus on data journalism and interpretive analysis over original reporting, to both criticism and acclaim. Founded in 1843, ''The Economist'' was first circulated by Scottish economist James Wilson to muster support for abolishing the British Corn Laws (1815–1846), a system of import tariffs. Over time, the newspaper's coverage expanded further into ...
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Departments Of The University Of Oxford
The various academic faculties, departments, and institutes of the University of Oxford are organised into four divisions, each with its own Head and elected board. They are the Humanities Division; the Social Sciences Division; the Mathematical, Physical and Life Sciences Division; and the Medical Sciences Division. Humanities Division The Humanities Division has received considerable praise for its work at the forefront of digitising the Humanities. The Humanities Division has been physically expanding into the new Radcliffe Observatory Quarter in Oxford. The current Head of the Humanities Division is Professor Karen O'Brien. Professor Sally Shuttleworth was Head from 2006 to 2011, Professor Shearer West served as Head between August 2011 and 2015, and Chris Wickham until 2018. The Division contains the following faculties and departments: * Rothermere American Institute * Ruskin School of Art * Faculty of Classics * Faculty of English * Faculty of History * History of ...
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Organizations Established In 2007
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, inc ...
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Human Development Index
The Human Development Index (HDI) is a statistic composite index of life expectancy, education (mean years of schooling completed and expected years of schooling upon entering the education system), and per capita income indicators, which is used to rank countries into four tiers of human development. A country scores a higher level of HDI when the lifespan is higher, the education level is higher, and the gross national income GNI (PPP) per capita is higher. It was developed by Pakistani economist Mahbub ul Haq and was further used to measure a country's development by the United Nations Development Programme (UNDP)'s Human Development Report Office. The 2010 Human Development Report introduced an Inequality-adjusted Human Development Index (IHDI). While the simple HDI remains useful, it stated that "the IHDI is the actual level of human development (accounting for inequality), while the HDI can be viewed as an index of 'potential' human development (or the maximum l ...
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