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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 ...
Participatory poverty assessment (PPA) is the approach to analyzing and reducing poverty by incorporating the views of the poor. PPAs attempt to better understand the poor, to give the poor more influence over decisions that affect their lives, and to increase effectiveness of poverty reduction policies.
The relationship between poverty reduction and differing levels of welfare expense as a percentage of GDP [1] The effects of social welfare on poverty have been the subject of various studies. [1] Studies have shown that in welfare states, poverty decreases after countries adopt welfare programs. [2]
For example, Rejaul Karim Laskar, an ideologue of the Congress party- the largest constituent of the UPA Government which introduced the scheme, claims that the scheme has multifarious benefits including "reduction in poverty, reduction in migration, women empowerment, improvement of productivity of agricultural land and regeneration of water ...
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]
When evaluating poverty in statistics or economics there are two main measures: absolute poverty which compares income against the amount needed to meet basic personal needs, such as food, clothing, and shelter; [2] secondly, relative poverty measures when a person cannot meet a minimum level of living standards, compared to others in the same ...
The Foster–Greer–Thorbecke indices are a family of poverty metrics.The most commonly used index from the family, FGT 2, puts higher weight on the poverty of the poorest individuals, making it a combined measure of poverty and income inequality and a popular choice within development economics.
The five outcome targets are: eradication of extreme poverty; reduction of all poverty by half; implementation of social protection systems; ensuring equal rights to ownership, basic services, technology and economic resources; and the building of resilience to environmental, economic and social disasters.