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Poverty reduction, poverty relief, or poverty alleviation is a set of measures, both economic and humanitarian, that are intended to permanently lift people out of poverty. Measures, like those promoted by Henry George in his economics classic Progress and Poverty , are those that raise, or are intended to raise, ways of enabling the poor to ...
Poverty Reduction Strategy Papers (PRSPs) are documents required by the International Monetary Fund (IMF) and World Bank before a country can be considered for debt relief within the Heavily Indebted Poor Countries (HIPC) initiative. [1] [2] PRSPs are also required before low-income countries can receive aid from most major donors and lenders. [2]
One of PRGF's goals is to ensure that impoverished nations re-channel the government funds freed from debt repayment into poverty-reduction programs. To that end, each country's PRGF program is modeled around a Poverty Reduction Strategy Paper (PRSP). PRSPs describe the macroeconomic, structural, and social programs that a country will follow ...
Theories on the causes of poverty are the foundation upon which poverty reduction strategies are based. While in developed nations poverty is often seen as either a personal or a structural defect, in developing nations the issue of poverty is more profound due to the lack of governmental funds.
The targets cover a wide range of issues including the eradication of extreme poverty (target 1.1), reduction of poverty by half (1.2), implementation of social protection systems (1.3), ensuring equal rights to ownership, basic services, technology and economic resources (1.4), building of resilience towards environmental, economic and social ...
For example, distributing bicycles was one of the key strategies used by China to reduce rural poverty in the 20th century. [4] Eradicating rural poverty through effective policies and economic growth is a continuing difficulty for the international community, as it invests in rural development.
A number of articles have found linkages between poverty reduction and good governance. [329] Some find that economic growth is more impactful at reducing poverty in well governed countries. [330] [331] [332] Others find that there is a direct effect of governance on poverty reduction.
Poverty reduction; Pro-poor growth; People centered development; Decent work [35] The International Labour Organization, which covers both issues of social security and labor protection, has been the United Nations agency responsible for setting norms and standards at work. Currently the ILO focuses, amongst others, on the following strategies: