Poverty is global problem that is shared by every country – developed or underdeveloped. Even though the eighties and the nineties were periods of increasing wealth because of the development of new technologies, the gap between rich and poor has grown wider, and the actual numbers of people living in poverty increased (The PANOS Institute, 2002). The number of people living in poverty is alarming, for instance in 1998, statistics show that 1.2 billion people still lived on less than a dollar a day, and 2.8 billion on less than two (The PANOS Institute, 2002). The poverty situation in developed countries is almost as worse as that of the underdeveloped countries. In the United States alone, the number of Americans living in poverty increased by 1.1 million to 37 million in 2004, up from 35.9 million in 2003 (Reed, 2005). In If the rates are high in developed countries, just imagine the situation in underdeveloped countries. One of the worst examples of poverty was the situation in AIMS AND OBJECTIVES The aim of the study is to investigate descriptively several poverty strategies of The following are the objectives of this study: 1. To know the Five Pillar poverty reduction strategies that the government of 2. To determine the challenges that the central and local government of 3. To find out what they have learned, specifically how the strategies can be implemented better, their effects, or pros and cons. 4. To find out the opportunities that 5. To contribute to the study of poverty reduction strategies, to help develop an effective poverty reduction framework that all countries around the world can use. RATIONALE OF THE STUDY Poverty can be defined by its many dimensions, involving: lack of money for current needs; lack of education; inadequate housing and clothing; unsafe living conditions; limited access to medical care; and unsatisfactory social life (Shorris, 2000). These are just some the few general examples that people living in poverty in By determining the past mistakes, difficulties and victories of the implementation will help shape a framework of opportunities for METHODOLOGY The research strategy that will be used for this study is exploratory. This approach is a preferred mean of finding out "what is happening to seek new insights" or "to ask questions or to assess phenomena in a new light" (Saunders et al, 2003; Robson, 2002). This study will use the principal ways of conducting exploratory research, which include: literature search; talking to experts about the subject; and conducting focus group interview. This study will have three key steps. The first step is to conduct descriptive information about the poverty reduction strategies of The second step is to look deeper. Local officials and department heads will be interviewed about the challenges they experienced among the way. The barriers and difficulties of implementing poverty reduction strategies is hoped to be revealed. This will be done by focus group interviews on local government heads and staffs, as well as literature review. Finally, the third step is the analysis of the study. The analysis will be based on a brief review of the nature and causes of poverty and how seriously typical poverty reduction programs tackle these underlying causes. It will also be based on the practical requirements for effective poverty reduction projects and the reasons why so many projects fail. Furthermore, it will highlight the social and institutional traps that typically undermine poverty reduction efforts and to recognise the essential ingredients for effective projects. The study will be purely qualitative and will not include statistical tests. |
Microfinance has grown from a small program in the 1970s in Bangladesh to a worldwide movement today. Microfinance is basically the small loans that are granted to the third world poor. Such microloans are usually provided through non-profit, humanitarian organizations. These new mechanisms are often referred to as nongovernmental organizations (NGOs) whose focus is on empowering poor families. The movement to expand financial services for the poor as a grassroots development strategy is a relatively recent phenomenon. Microfinance, which emphasizes granting small loans to the poorest of the poor without requiring collateral, rests upon the notion that the most impoverished people in developing countries typically do not otherwise have access to traditional financial; services, but that they do possess modest survival skills that make them credit-worthy....
Comments