Multidimensional Poverty in Pakistan: An Analysis

Abstract

The underlying study has focused on investigating the influences of rising urbanization and climatic variations on multidimensional poverty in Pakistan. Poverty reduction has been deemed as one of the key policy agenda in the developing countries. Sustainable Development Goal (SDG-1) maintains focus on zero poverty by the end of 2030, which is committed by the global community in 2015. For empirical purpose, PSLM (2019-20) has been employed. The application of binary Logit model is suggestive that urbanization has its advantageous influences on the multidimensional wellbeing of the households; while at the same time climatic shocks have harmonious but non-linear U-shaped impacts on multidimensional poverty. The joint occurrences of both the climatic shocks and the urbanization have shown the harmonious effects on the multidimensional poverty in Pakistan. Policy makers must consider climate change seriously and act accordingly with their impact on multidimensional poverty, especially if they desire to achieve the SDG 1 up to 2030.