Poverty Labs- From ‘Alleviation’ to ‘Elimination and then Prevention’ (original) (raw)
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International Journal of Economics and Financial Issues
The paper provides a comparative review and analysis between the approaches of poverty and extreme-poverty solutions, emerging in literature and from Inspiration Economy Project Poverty Labs; carried over 3 years. The paper focuses on the differentiation that current "extreme poverty" elimination requires. Notably, the models were evaluated about the changes from different perspectives that influence directly or indirectly the quality of life of the poor, or proactively keep him away from the poverty line. More diagnosis of the challenges on how to deal with poverty mechanisms and constructs were reflected in different proposed approaches, as part of the paper discussion. The implications of the paper emphasis on future structural factors and especially with the emerging work of behavioural economics and inspiration labs. The recommendations are drawn based on the new different approaches shown to be of influence on the "extreme poverty" policies and their ways of empowerment.
A Proposal on what constitutes a Realistic Poverty Reduction Strategy
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UiO International Development Studies Final Essay. Social inequality has always existed. And though it has been argued that this is a chicken-egg dilemma, poverty has been both a consequence and a cause of multiple and diverse inequalities in the whole world. Many negative consequences come from poverty for countries, regarding social justice and, above all, fulfillment of human rights. Consequently, many strategies have been designed and implemented, by and from national and international powers in order to try to diminish and finally, end, this phenomenon. This essay will define poverty in the context of development, it will describe briefly the trends of both national and international policies for reducing this phenomenon and it will be argued that most of this strategies are targeting the consequences after poverty, rather than, its causes. Therefore it will be proposed to address the causes underneath poverty not only to understand it, but also to have better opportunities to reduce it.
Poverty-eradication and Sustainable Development
The Human Sciences Research Council publishes a number of Occasional Papers series. These are designed to be quick, convenient vehicles for making timely contributions to debates, disseminating interim research findings and otherwise engaging with the broader research community. Publications in the various series are, in general, work-in-progress which may develop into journal articles, chapters in books or other final products. Authors invite comments and suggestions from readers.
Dynamics of Poverty in Developing Countries: Review of Poverty Reduction Approaches
Journal of Sustainable Development, 2013
The term poverty has been described in different ways throughout the world due to its multidimensional nature. Whereas some countries and geographical regions view poverty as deprivation, others are concerned with social exclusion and inequality in resource distribution. Despite the differences in poverty interpretations, many countries in the developing world have adopted universal poverty reduction approaches over the years. This paper analyzes the conceptual underpinnings of poverty focusing on its evolution, the multidimensional definitions, and poverty reduction efforts implemented over the past 50 years. Using secondary data analysis, the paper reveals the universal approaches to poverty reduction have yielded few successes, and recommends that poverty should be viewed as a global phenomenon but tackled at the local level using local indicators. To achieve sustainable development, developing countries should focus on meeting the basic needs of their inhabitants and be committed to ensuring stable political and economic environment.
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This study is part of a project exploring the "Prospects for Human Development." The project will produce a series of volumes patterned after the annual Human Development Reports of the United Nations, but more consciously forward looking. The initial focus is on the first of the Millennium Development Goals (MDGs), the reduction of the global poverty rate by half. The project uses the International Futures (IFs) global modeling system for the exploration of the possible benefits of incremental human intervention. Among the findings of the analysis of poverty reduction are that:
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The existence of extreme poverty in several developing countries is a critical challenge that needs to be addressed urgently because of its adverse implications on human wellbeing. Its manifestations include lack of adequate food and nutrition, lack of access to adequate shelter, lack of access to safe drinking water, low literacy rates, high infant and maternal mortality, high rates of unemployment, and a feeling of vulnerability and disempowerement. Poverty reduction can be attained by stimulating economic growth to increase incomes and expand employment opportunities for the poor; undertaking economic and institutional reforms to enhance efficiency and improve the utilization of resources; prioritizing the basic needs of the poor in national development policies; promoting microfinance programs to remove constraints to innovation, entrepreneurship, and small scale business; developing and improving marketing systems to improve production; providing incentives to the private secto...
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Poverty is a multi-dimensional problem that manifests itself as either physiological or social deprivation or both. It has root causes spanning cultural, social, economic and political spheres. However, poverty measurements have concentrated on consumption or economic poverty. Recent United Nations’ report indicates that while proportion of people living below the extreme poverty line of US$1.25 a day in Sub-Saharan Africa (SSA) declined over the period 1990 – 2010, the number of extreme poor rose in absolute terms. This paper examines the role that the economy can play in poverty reduction. It identifies three channels through which the economy can affect poverty. These are the growth, income distribution and efficiency channels. It also highlights the economic conditions and policies needed for poverty reduction.
A Critical Note on Poverty Eradication Target of Sustainable Development Goals
Sustainable Development Goals (SDGs) aim big-as one of its target is to eradicate extreme poverty by 2030 for all people everywhere. This paper offers a critical review and outlines some potential challenges in achieving this noble target. In doing so, it offers a critical review of poverty scholarship to assess the notion of extreme poverty adopted in the SDGs. This also takes stock of past global anti-poverty programmes to set an appropriate context for forecasting potential challenges to eradicate poverty everywhere. It is highlighted that i) a number of poor countries will have to perform a magic against their track records, ii) the world needs to be consistently peaceful, iii) significant and equitable reform should take place within world economic structure, iv) quality and international comparability of poverty data in poor countries need to be improved significantly, and v) uncertainty about required investment in poor countries should be addressed rigorously in order for achieving poverty eradication target of the SDGs. These lead to the argument that without strong political commitments by all related stakeholders and an approach to look beyond existing models poverty eradication target may turn out to be another statement of good intentions by the international aid architecture with little meaningful practical relevance.