Poverty Reduction and Structural Reform

Authors

Chris E. Nemedia, Central Bank of Nigeria

Publisher

Central Bank of Nigeria

Keywords

Poverty, Poverty Reduction, Structural Reform

Abstract

Poverty bas no precise definition. Being a relative concept, it has no universally adopted definition that can be applied to all societies and all nations of the world. We can talk of a poor person or a poor nation. You may describe a person as poor if his income is below subsistence level. But the subsistence levels of income vary from society to society and from nation to nation. In spite of the absence of a precise and an all-embracing definition of poverty, it is quite easy to recognize or identify the attributes of a poor person or the characteristics of a poor nation.

Author Bio

Chris E. Nemedia is a former Deputy Director of Research, Central Bank of Nigeria.

Publication Title

CBN Economic and Financial Review

Issue

4

Volume

39

Recommended Citation

Nemedia, Chris E. (2001). Poverty Reduction and Structural Reform. CBN Economic and Financial Review. 39(4), 72-87.