The poverty problem and the industrialization solution
Despite decades of effort, abject poverty remains a serious problem in many countries around the world. The effects of five approaches to poverty alleviation—foreign aid, microfinance, social entrepreneurship, base of the pyramid initiatives, and the establishment of property rights among the abject...
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Veröffentlicht in: | Asia Pacific journal of management 2015-03, Vol.32 (1), p.23-37 |
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creator | Alvarez, Sharon A. Barney, Jay B. Newman, Arielle M. B. |
description | Despite decades of effort, abject poverty remains a serious problem in many countries around the world. The effects of five approaches to poverty alleviation—foreign aid, microfinance, social entrepreneurship, base of the pyramid initiatives, and the establishment of property rights among the abjectly poor—are briefly reviewed. While each of these approaches has some benefits, none have fulfilled their promise of poverty alleviation. Ironically, as these efforts have gone forward, international industrialization has had a more significant impact on poverty alleviation in at least some countries. |
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subjects | Business and Management Economic development Economic growth Economic theory Entrepreneurship Failure Foreign aid Government Industrial development Industrialization Industrialized nations International Management Microfinance Perspectives Poverty Property rights Social entrepreneurship Studies |
title | The poverty problem and the industrialization solution |
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