Economic Thoughts on Poverty Alleviation (Part 2) (original) (raw)
Journal of Ecological Society, 2015
This essay is focused on an important subject discussed all over the country and the world, especially in political circles and among policymakers. There is a need established that to be able to pull individuals and communities out of poverty, we need that, meaningful employment is generated for a very large number of people. World over, certain approaches have been used by the policy makers which seem to increase the divide between the haves and have-nots. The policy of industrialization is leading nations into widening the gap between rich and the poor. It is also creating undesirable side effects by way of ‘pollution’ and depletion of resources at an ever increasing pace. This situation leads to the author’s belief that something is not right. Such policies will not lead to sustainable livelihoods for masses. Hence this attempt to explore alternative policies, which could provide a viable approach to alleviating poverty. Poverty alleviation is indeed a noble goal. All of us must ...
Journal of Human Behavior in the Social Environment, 2007
identifies six perspectives that economists and policymakers use to understand the causes of poverty. They include issues of economic underdevelopment, human capital, contradictions in capitalism, structural causes, characteristics of the poor, and the incentive effect of welfare programs. This analysis uses Blank's framework to identify major economic theories and related recent research (1990)(1991)(1992)(1993)(1994)(1995)(1996)(1997)(1998)(1999)(2000)(2001)(2002)(2003)(2004)(2005) to explain poverty. While each of the six perspectives provides explanations about the nature of poverty, the strongest factor relates to race. The analysis concludes with implications for practice.
Poverty alleviation and the Third World
Pakistan Economic and Social Review, 2001
Poverty, a global issue, plaguing developed as well as developing nations, has become the focus of economists since early 1950s. During the last two decades, this issue has received enormous worldwide attention and various international organizations have issued their findings regarding reasons of poverty and possible remedies to its reduction and/or eradication in the world. One of the components of poverty, however, has not received due attention. This paper attempts to point out basic flaws in traditional methods used in poverty alleviation and focus on the role of the political economy and the transfers of wealth from the rich to the poor. It is imperative that the institutional framework and the policies designed by the government must be for the development of the poor and that the standard of living must be raised for the people living at the absolute poverty level in both developed and developing nations. If the issue of poverty is not checked and remedial measures are not taken the catastrophic effects would be far reaching and non-reversible.
Part IV : Critical Policy Issues 229 12 On the Political Economy of Poverty Alleviation 231
2007
1 Multidimensional Poverty: Conceptual and Measurement Issues 3 Erik Thorbecke 2 Measuring Poverty: The Case for a Sociological Approach 20 David B. Grusky and Kim A. Weeden 3 Poverty Counts: Living with Poverty and Poverty Measures 36 Sara Berry 4 The Multidimensionality of Poverty: An Institutionalist Perspective 52 Alice Sindzingre 5 The Subjective Dimension of Poverty: A Psychological Viewpoint 75 Joaquina Palomar Lever
Poverty as a transient reality in a globalised world: an economic choice
Purpose – Poverty is indeed a terrible monster confronting humanity today. It is alarming and, indeed, not without despair to note that 22,000 children under five die every day as a result of poverty. Thus, in a calendar year, more than eight million children do not progress past the age of five years. One of the world’s worst atrocities, which has endured in the minds and hearts of humanity, was the Holocaust, in which six million people were murdered. It continues to be viewed with indignation and revulsion. Bizarrely, the deaths of eight million innocents pass without notice, without indignation and revulsion, and with very few tears being shed. Does this mean that in maybe 50 years from now, we will be condemned as mass murderers, and mentioned in the same context as Hitler’s murderers? It is necessary to take note of this. It is necessary to consider our own personal position vis-a` -vis this reality and take moral decisions. This paper aims to address this issue. Design/methodology/approach – The paper is a meta-analysis, which relied on secondary sources of information. It is a qualitative study which is based on conceptual analysis, theory building, and the emic perspective (authors’ viewpoint). Findings – Humanity is entrusted with the wellbeing and survival of our planet and its inhabitants, and we have definitive custodian responsibilities to exercise. In the final analysis, the hallmark of a successful life is the ability to say: I have left this earth a better place than when I arrived. If poverty is left unchecked, will we be able to make that statement with a clear and untroubled conscience? Social implications – There is indeed a solution to global poverty. In order to reach this desired state of affairs, there is just one requirement: international commitment and willingness to change the current status quo. This is not negotiable, but a necessary and sufficient ingredient for change. The rest is detail and can be achieved through a process of hard work, involvement, and essentially, empathy. Originality/value – This paper is valuable because it confronts one of the disgusting issues affecting humankind today – poverty. Poverty cannot be eradicated if we stand akimbo watching without addressing it. This piece of treatise is an effort by the authors to address it, and proffer possible ways to tackle the malady.
An old remedy to an old issue – an end to poverty through markets
Throughout history, poverty is the normal condition of man. Advances which permit this norm to be exceeded -here and there, now and then -are the work of an extremely small minority, frequently despised, often condemned, and almost always opposed by all right-thinking people. Whenever this tiny minority is kept from creating, or (as sometimes happens) is driven out of a society, the people then slip back into abject poverty." -Robert Heinlein.