scholarly journals Review on Farmers’ Microfinance Services Participation and Its Impact on Poverty Reduction in Ethiopia

2021 ◽  
Vol 9 (1) ◽  
pp. 04-15
Author(s):  
Ejigu Mulatu

The financial sector has enabling role for agriculture as credit is used for investments and savings ensure a safe storage of money. In Ethiopia, regarding microfinance service provision, consecutive reforms were made to sustain the service. However, utilization of the service among the community is at low-level and affected by a different factors. This review was crucial to review different research works on how farmers participate in the microfinance services and it is necessary to assess the determinants of farmers’ participation in microfinance services and evaluate its impact on clients poverty reduction. Despite the increased outreach and expanded service provision of microfinance in Ethiopia, the agricultural sector has low financial service provided due to clients and the institution related characteristics.The major objective of this review was to review farmers’ Microfinance services participation and its impact on poverty reduction in Ethiopia. Significant variation across different microfinance impact studies on methodological, analytical, conceptual and outcome variable selection has been happened. These conditions resulted in limited evidence about real impact of microfinance service due to scope, reliability, quality and ability to generalize the findings. Therefore, this review findings argue for further investment in impact assessment through broadening the criteria on which the impact is assessed and generalization is made for further policy directions.

Author(s):  
Maretha Berlianantiya Muhammad Ridwan Eka Wardani

<p><em>Poverty often occurs in rural areas rather than urban areas, low education which results in low quality of human resources and lack of access is often the cause of rural poverty. In addition, most of the economies of rural communities rely solely on the traditional agricultural sector. Various poverty reduction policies have been implemented, including village fund policies. This study aims to examine the management of village funds in the Balong sub-district of Madiun Regency with a case study in the villages of Tatung and Karangmojo villages covering the management of village funds in Tatung village and Karangmojo village. Balong Subdistrict and the impact of empowerment in the villages of Tatung and Karangmojo, Balong District. This research was conducted in Balong Subdistrict, Ponorogo Regency with a Case study in Tatung Village and Karangmojo Village with qualitative methods. In the village of Tatung village funds are managed as tourist villages with a focus on Paragliding tourist rides. Whereas in Karangmojo village it is used for Bumdes in the form of Lovebird birds, providing Gapoktan assistance, and infrastructure development.</em></p>


2021 ◽  
Vol 13 (9) ◽  
pp. 213
Author(s):  
N’Goran Koffi Celestin

In C&ocirc;te d&rsquo;Ivoire, women occupy an important place in the agricultural sector, which is the basis of the country&rsquo;s economy. There is unanimous agreement on the essential role that these women must play through their empowerment for the country&rsquo;s development. Therefore, we must find appropriate solutions to the problem of women&rsquo;s empowerment in order to enable them to participate vigorously in the country&rsquo;s development. This study aims to address the problems of women&rsquo;s empowerment in agriculture by highlighting the potential opportunity that the practice of market gardening represents for women&rsquo;s empowerment. Based on a qualitative approach using ENV (2019) data, the Women&rsquo;s Empowerment in Agriculture Index (WEAI) shows that women producer of market garden produce are as self-reliant as their counterparts in other agricultural sub-sectors. In the same logic, the WEAI shows us that the practice of this crop has a positive effect on women&rsquo;s empowerment. By using these four (4) methods of effect determination, namely the Nearest Neighbour Method, Radius Method, Stratification Method and Kernel Method, the following values were obtained: 0.007; 0.039; 0.017; 0.027, which are all positive. The objective of the study is to determine the impact of market gardening on the empowerment of the women who practice it.


2019 ◽  
Vol 21 (2) ◽  
pp. 213-222 ◽  
Author(s):  
Thu Hang Pham ◽  
James Riedel

Purpose The purpose of this paper is to assess the impact of sectoral economic growth and other factors on poverty reduction in Vietnam in the period 2010–2016. Design/methodology/approach Originating from the question of whether there is an endogenous problem between the structure of economic growth by sector and some other factors in the process of impact on poverty reduction, the paper has used the 2-Stage Least Squares method to deal with the endogenous issues. Findings Increasing the proportion of the industrial sector and the agricultural sector had great impacts on poverty reduction. In contrast, the increasing proportion of the service sector made the poverty rate higher. One noticeable thing is that economic growth was not significant for the goal of poverty reduction in 2010–2016. In addition, the process of urbanization, the increase in the labor rate and literacy rate contributed positively to poverty reduction achievements. Finally, population growth was also one of the reasons hindering Vietnam’s successful poverty reduction process. Practical implications Accelerating the process of economic restructuring in the direction of increasing the proportion of the industry is accompanied by more attention to agricultural development than the service sector. Employment creation policies should be promoted. Maintaining population control by educating poverty reduction awareness for the poor will have a positive effect on long-term poverty reduction. Originality/value Research on the growth structure by sector affecting poverty reduction in Vietnam is still relatively limited. The study of relationships in the context of endogenous existence is still quite limited in Vietnam. Therefore, this paper has focused on the question of sectoral economic growth affects poverty in the interrelation among sectors in the process of economic development.


2019 ◽  
Vol 21 (2) ◽  
pp. 275-285 ◽  
Author(s):  
Simon McNamara ◽  
John Holmes ◽  
Abigail K. Stevely ◽  
Aki Tsuchiya

Abstract There is growing interest in the use of “distributionally-sensitive” forms of economic evaluation that capture both the impact of an intervention upon average population health and the distribution of that health amongst the population. This review aims to inform the conduct of distributionally sensitive evaluations in the UK by answering three questions: (1) How averse are the UK public towards inequalities in lifetime health between socioeconomic groups? (2) Does this aversion differ depending upon the type of health under consideration? (3) Are the UK public as averse to inequalities in health between socioeconomic groups as they are to inequalities in health between neutrally framed groups? EMBASE, MEDLINE, EconLit, and SSCI were searched for stated preference studies relevant to these questions in October 2017. Of the 2155 potentially relevant papers identified, 15 met the predefined hierarchical eligibility criteria. Seven elicited aversion to inequalities in health between socioeconomic groups, and eight elicited aversion between neutrally labelled groups. We find general, although not universal, evidence for aversion to inequalities in lifetime health between socioeconomic groups, albeit with significant variation in the strength of that preference across studies. Second, limited evidence regarding the impact of the type of health upon aversion. Third, some evidence that the UK public are more averse to inequalities in lifetime health when those inequalities are presented in the context of socioeconomic inequality than when presented in isolation.


2017 ◽  
Vol 22 (Special Edition) ◽  
pp. 233-249
Author(s):  
Sadia Hussain ◽  
Farah Said

Pakistan’s agricultural sector has experienced restructuring over the last decade, from changes in land markets to the move toward nonagricultural labor markets. However, agriculture remains one of the most important sources of livelihood, accounting for 45 percent of the country’s workforce. It is also a key policymaking area, but the role of small farmers in poverty reduction is still being examined. The future of small farms cannot be viewed in isolation, that is, without taking into account their synergies with nonfarm rural activities. We measure the impact of diversifying sources of livelihood on household income and consumption among small farms in rural Pakistan. Using a balanced panel of 2,058 households from the Pakistan Panel Household Survey (2001–10), we find that both consumption and income are (i) significantly higher for households that have diversified their sources of income and (ii) diversified households also plant greater varieties of crops. These results suggest that nonagricultural activities tend to complement agricultural activities with a view to improving welfare in a rural economy.


2017 ◽  
Vol 1 (1) ◽  
Author(s):  
La Ode Jabuddin ◽  
Ayub M Padangaran ◽  
Azhar Bafadal Bafadal

This study aims to: (1) Knowing the dynamics of fiscal policy and the performance of the agricultural sector, (2) Analyze the factors that influence fiscal policy and the performance                   of the agricultural sector, and (3) Analyzing the impact of fiscal policy on the performance of the agricultural sector. The data used in this study were pooled 2005-2013 data in the aggregate. Econometric model the impact of fiscal policy on the performance of the agricultural sector is built in the form of simultaneous equations, consisting of 7 equations with 25 total variables in the model, 7 endogenous variables, 12 exogenous variables, and 6 variables lag. The model is estimated by 2SLS method SYSLIN procedures and historical simulation with SIMNLIN procedure.The results showed that: (1) The development of fiscal policy in Southeast Sulawesi from year to year tends to increase, (2) The performance of the agricultural sector from the aspect of GDP has decreased, from the aspect of labor is still consistent, in terms of investment to grow positively, and assign roles which means to decrease the number of poor people, (3) factors affecting fiscal policy is local revenues, equalization funds, other revenues, as well as the lag fiscal policy, (4) the factors that affect the performance of the agricultural sector from the aspect GDP is labor, direct expenditure and GDP lag; from the aspect of labor is the total labor force, investment, land area, direct expenditure, as well as the lag of labor; from the aspect of investment is influenced by GDP per capita, land area, interest rates and investment lag; as well as from the aspect of poor people, are affected by population, investments, direct expenditure and poverty lag, (5). Fiscal policy impact on the agricultural sector GDP increase, a decrease in the number of poor, declining agricultural laborers, and a decrease in the amount of investment in the agricultural sector.Keywords: Fiscal policy, the performance of the agricultural sector, the simultaneous equations


2020 ◽  
Vol 26 (5) ◽  
pp. 964-990
Author(s):  
N.I. Kulikov ◽  
V.L. Parkhomenko ◽  
Akun Anna Stefani Rozi Mobio

Subject. We assess the impact of tight financial and monetary policy of the government of the Russian Federation and the Bank of Russia on the level of household income and poverty reduction in Russia. Objectives. The purpose of the study is to analyze the results of financial and monetary policy in Russia and determine why the situation with household income and poverty has not changed for the recent six years, and the GDP growth rate in Russia is significantly lagging behind the global average. Methods. The study employs methods of analysis of scientific and information base, and synthesis of obtained data. The methodology and theoretical framework draw upon works of domestic and foreign scientists on economic and financial support to economy and population’s income. Results. We offer measures for liberalization of the financial and monetary policy of the government and the Central Bank to ensure changes in the structure of the Russian economy. The proposed alternative economic and financial policy of the State will enable the growth of real incomes of the population, poverty reduction by half by 2024, and annual GDP growth up to 6 per cent. Conclusions. It is crucial to change budget priorities, increase the salaries of public employees, introduce a progressive tax rate for individuals; to reduce the key rate to the value of annual inflation and limit the bank margin. The country needs a phased program to increase the population's income, which will ensure consumer demand.


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