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14 July 2010 – The United Nations Development Programme (UNDP) and Oxford University today launched a new index to measure poverty levels which they said give a “multidimensional” picture of people living in hardship, and could help target development resources more effectively.
The new measure, the Multidimensional Poverty Index, or MPI, was developed and applied by the Oxford Poverty and Human Development Initiative (OPHI) with UNDP support, the two institutions said in a joint press release.