scholarly journals Can We Solve the Issue of Poverty Without Solving the Issue of Conventional Economic Paradigm: A Critical Review

2015 ◽  
Vol 54 (4I-II) ◽  
pp. 671-683
Author(s):  
Anwar Shah ◽  
Karim Khan

The primary focus of economics is to allocate resources in order to achieve the well-being of humans. Wellbeing has many dimensions, ranging from the level of mere subsistence to the equality of opportunities to accumulate, and to safeguard life and wealth. Poverty, thus, is one of the parameters for measuring the welfare of society in general. Given this importance, the Millennium Development Goals aim at halving the world poverty by 2015. Many organisations in the world set poverty eradication as one of their key objectives. Likewise, poverty reduction has got a central place in the international politics. Accordingly, each country including Pakistan has launched programmes for the alleviation of this great menace. The election manifesto of all the mainstream political parties in Pakistan includes poverty alleviation as one of their main goals. Additionally, poverty alleviation is one of the major subjects of talks in electronic media and in the editorials of newspapers, both at the national and at the international level. Nevertheless, poverty is still a major problem of humanity across the globe.

2005 ◽  
Vol 44 (1) ◽  
pp. 108-111
Author(s):  
Faheem Jehangir Khan

Poverty is one of the most depressing global problems in the world today. Therefore, there is a growing consensus among development organisations that poverty alleviation should be the primary goal of cooperation between the rich and the poor countries. This consensus is due to the awareness that a widening international income gap threatens the well-being of people in the rich countries. In this volume, the author, Philip Kircher, offers a comprehensive study on the evolution, the content, the different national accentuations, and the problem of the international consensus on poverty alleviation, and provides a systematic analysis of today’s donor strategies for development cooperation for poverty reduction. The study focuses specifically on the strategic positions of the World Bank, the Department for International Development (DFID) of the United Kingdom, the Ministry for Economic Cooperation and Development (BMZ) of Germany, and the Swedish International Development Agency (SIDA), as well as the positions presented by the governments of these countries in regard to development.


2018 ◽  
Vol 10 (6) ◽  
pp. 91
Author(s):  
Mandla Abednico Mubecua

During the evaluation of the Millennium Development Goals (MDGs) from 2000 to 2015, it was discovered that there was no country managed to meet the envisioned goal of eradicating poverty. However, it was observed that China is the only country that managed to half its poverty levels. Just like other developing countries, South Africa is one of the countries whose performance in the attainment of the first goal of MDGs was not satisfactory. Through the utilization of secondary data in a qualitative approach, this paper argues that South Africa can perform better if it can learn and follow the strategies used by China to shrink its poverty levels. The study shows that China mostly supports State Owned Enterprises, which make the economy to grow and help in poverty alleviation. For that reason, the study recommends that in order for South Africa to attain the poverty eradication goal by 2030 more SOEs have to be established.


2015 ◽  
Vol 2 (1) ◽  
pp. 1-11
Author(s):  
Gerald Chan

Has China embraced global poverty reduction? To what extent has it done so? China faces three paradoxes in trying to alleviate poverty: first, the country is on the whole getting richer, becoming one of the largest economies in the world, yet huge pockets of extreme poverty exist in the country. Second, it wants to be taken seriously as a responsible member of the international community. It would therefore like to be treated as a normal aid giver helping the poor in the developing world. Yet its own people are crying out loud for better social services at home. Third, while it wants to be respected by others in the world, it has been accused by other countries of ignoring, if not abusing, human rights in the Third World in its relentless search for natural resources, trade and investments. This paper aims to unravel these paradoxes by examining China’s foreign aid and its adherence or otherwise to the UN Millennium Development Goals. In so doing, the paper assesses China’s unilateral approach as well as its multilateral approach to poverty alleviation. It argues that China’s overall approach has become more multilateral in nature but the change has been slow and incremental. Its influence in global poverty reduction, though increasing, is still limited.


Author(s):  
Anurudha Gishan Illangakoon ◽  
S. M. Ferdous Azam ◽  
Ali Khatibi ◽  
Sepali Sudasinghe

This article attempts to discuss, how does women empowerment in Sri Lanka could be used as an effective tool to alleviate poverty. Predominantly microfinance was identified as an effective concept to reduce poverty and improve social well-being. The women empowerment is also play a vital part in the process. Microfinance industry has adapted various business strategies and innovative ideas to address and influence poverty reduction. It is acceptable fact that women play a pivotal part in economic development in Sri Lanka. As per the Millennium Development Goals (MDGs) stipulated in 2000, women empowerment and gender equality have been identified as one of the main objectives of MDGs to achieve in every country. It is known fact that there has been a strong relationship between microfinance and women. It’s not only women it has a broader relationship mainly in perspective of empowerment. The aim of this paper is to discuss importance of building women empowerment through microfinance by way of substantial in building confidence, courage, skill development and empowerment, and ultimately become an effective poverty alleviating tool. It is very important to focus on Financial, Social dimensions, Government and Regulator support and Environment performances to put microfinance on to track to become a new standard for the microfinance sector by getting effective participation from women sector. Therefore in order to get the real result from these emerging concepts, need women participation for up-tick the microfinance and alleviate poverty.


2018 ◽  
Vol 6 (1) ◽  
pp. 1 ◽  
Author(s):  
Hamzah Abdurraheem ◽  
Saheed Badmus Suraju

<p><em>Poverty, hunger and unemployment are social scourges ravaging many African countries, Nigeria inclusive. They constitute great obstacles to sustainable development and pose serious threats to security challenges. With her enormous human and material potentials, Nigeria ranks the 23<sup>rd</sup> poorest country in the world. To tackle the menace of poverty, hunger and unemployment, successive Nigerian governments have initiated series of poverty eradication or poverty-alleviation programmes. But these programmes, due to corruption and inefficient leadership, availed Nigerians nothing, as 61.5% of Nigerians, according to the  National Bureau of Statistics (NBS), are living below $1.25 per day. Against this backdrop, this paper focuses attention on poverty and identifies Zakat, the third pillar of Islam, as a panacea for its alleviation. The paper discovers that lexical repetition, lexical collocation, synonyms, presuppositions and implicature are diverse linguistic features that are woven into the textual fabric of the Glorious Quran to foreground the paramount importance of Zakat as a social security towards poverty reduction.  With a view to promoting national development and security, the paper concludes by advocating for an enabling law establishing a Central Zakat (and Sadaqah) Administrative Board that will be saddled with the responsibilities of collecting Zakat and distributing it to the beneficiaries as stated in Suratu-t-Tawbah,  verse 60 (9:60). </em></p>


2018 ◽  
Vol 10 (6(J)) ◽  
pp. 91-98
Author(s):  
Mandla Abednico Mubecua

During the evaluation of the Millennium Development Goals (MDGs) from 2000 to 2015, it was discovered that there was no country managed to meet the envisioned goal of eradicating poverty. However, it was observed that China is the only country that managed to half its poverty levels. Just like other developing countries, South Africa is one of the countries whose performance in the attainment of the first goal of MDGs was not satisfactory. Through the utilization of secondary data in a qualitative approach, this paper argues that South Africa can perform better if it can learn and follow the strategies used by China to shrink its poverty levels. The study shows that China mostly supports State Owned Enterprises, which make the economy to grow and help in poverty alleviation. For that reason, the study recommends that in order for South Africa to attain the poverty eradication goal by 2030 more SOEs have to be established.


2021 ◽  
Vol 13 (11) ◽  
pp. 5766
Author(s):  
Guanglu Zeng ◽  
Chenggang Zhang ◽  
Sanxi Li ◽  
Hailin Sun

China was the first developing country to achieve the poverty eradication target of the 2030 Agenda for Sustainable Development Goals (SDG) 10 years ahead of schedule. Its past approach has been, mainly, to allocate more fiscal spending to rural areas, while strengthening accountability for poverty alleviation. However, some literature suggests that poor rural areas still lack the endogenous dynamics for sustainable growth. Using a vector autoregression (VAR) model, based on data from 1990 to 2019, we find that fiscal spending plays a much more significant role in reducing the poverty ratio than agricultural development. When poverty alleviation is treated as an administrative task, each poor village must complete the spending of top-down poverty alleviation funds within a time frame that is usually shorter than that required for successful specialty agriculture. As a result, the greater the pressure of poverty eradication and the more funds allocated, the more poverty alleviation projects become an anchor for accountability, and the more local governments’ consideration of industry cycles and input–output analysis give way to formalism, homogeneity, and even complicity. We suggest using the leverage of fiscal funds to direct more resources to productive uses, thus guiding future rural revitalization in a more sustainable direction.


Agriculture ◽  
2021 ◽  
Vol 11 (5) ◽  
pp. 462
Author(s):  
Hongyu Wang ◽  
Xiaolei Wang ◽  
Apurbo Sarkar ◽  
Lu Qian

Market-based initiatives like agriculture value chain (AVC) are becoming progressively pervasive to support smallholder rural farmers and assist them in entering larger market interventions and providing a pathway of enhancing their socioeconomic well-being. Moreover, it may also foster staggering effects towards the post-era poverty alleviation in rural areas and possessed a significant theoretical and practical influence for modern agricultural development. The prime objective of the study is to explore the effects of smallholder farmers’ participation in the agricultural value chain for availing rural development and poverty alleviation. Specifically, we have crafted the assessment employing pre-production (improved fertilizers usage), in-production (modern preservation technology), and post-production (supply chain) participation and interventions of smallholder farmers. The empirical data has been collected from a micro survey dataset of 623 kiwifruit farmers from July to September in Shaanxi, China. We have employed propensity score matching (PSM), probit, and OLS models to explore the multidimensional poverty reduction impact and heterogeneity of farmers’ participation in the agricultural value chain. The results show that the total number of poor farmers who have experienced one-dimensional and two-dimensional poverty is relatively high (66.3%). We also find that farmers’ participation in agricultural value chain activities has a significant poverty reduction effect. The multidimensional poverty level of farmers using improved fertilizer, organizational acquisition, and using storage technology (compared with non-participating farmers) decreased by 30.1%, 46.5%, and 25.0%, respectively. The multidimensional poverty reduction degree of male farmers using improved fertilizer and participating in the organizational acquisition is greater than that of women. The multidimensional poverty reduction degree of female farmers using storage and fresh-keeping technology has a greater impact than the males using storage and improved storage technology. Government should widely promote the value chain in the form of pre-harvest, production, and post-harvest technology. The public–private partnership should also be strengthened for availing innovative technologies and infrastructure development.


2009 ◽  
Vol 48 (173) ◽  
Author(s):  
Abhinav Vaidya ◽  
N Jha

The Millennium Development Goals (MDGs) are international objectives on poverty reduction adopted by the world community and provide the broad context for this revolution in thinking and practice. The MDGs place a central focus on public health, in recognition of the fact that improvements in public health are vital not only in their own right but also to break the poverty trap of the world's poorest economies. Nepal has been committed to achieving the MDGs since it endorsed the Millennium Declaration. As we have at present just passed the midway through the 15 years to MDGs deadline of 2015, this article reviews the status of Nepal in achieving the MDGs, the challenges it faces and whether it can achieve the MDGs by 2015.Key words: development, goals, health, millennium, Nepal


2022 ◽  
Vol 17 (1) ◽  
pp. 52-63
Author(s):  
Juliusz Piwowarski ◽  
◽  
Larysa Yankovska ◽  
Bohdan-Petro Koshovyi ◽  
Ira Von-Nagy ◽  
...  

The first Sustainable Development Goal expresses the global concern in poverty eradication. We looked at the theory of poverty reduction with a long-term perspective in mind to confirm the congruence of modern approaches and their compliance with the principles of sustainable development. Despite clear signs of targeting Sustainable development goals to the future, we have found that future poverty needs deep discussion. We researched legal acts, policies and scientific sources to prove the possibility and suitability of recognising future poverty as a valid form of poverty. We considered the main possible difficulties that will challenge initiatives of future poverty exhausting. Finally, we proposed several perspective directions of further research to include the future poverty concept into the agenda of governments and supranational organisations.


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