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
Hauptverfasser: Alvarez, Sharon A., Barney, Jay B., Newman, Arielle M. B.
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creator Alvarez, Sharon A.
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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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source SpringerNature Journals; EBSCOhost Business Source Complete
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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