ECLAC and UNDP Present New Multidimensional Poverty Index for Latin America
The Economic Commission for Latin America and the Caribbean (ECLAC) and the United Nations Development Programme (UNDP) jointly launched the Multidimensional Poverty Index for Latin America, a tool that incorporates dimensions other than income into the measurement of well-being and tailors its standards to the region’s particular reality. The Index uses criteria appropriate to countries with intermediate levels of development and contemplates key aspects of well-being, such as the quality of employment, access to social protection, the lack of labor participation due to domestic responsibilit…