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
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.
REVIEW OF RELATED LITERATURE Internet banking refers to the utilization of the Internet for performing transactions and payments by accessing a bank's secure website.It also pertains to the application of financial services and markets through the use of electronic communication and computation(Humphrey et al. 2004).The developments can be subdivided into two main areas. The first is the impact of Internet banking on financial services. Most economists perceive that the existence of the Internet and other electronic communication processes has significantly changed many aspects of the banking industry. A majority of the services normally provided by banks can already be provided by other financial entities (Jayaratne et al. 2001). The second main area is the major transformation that occurred on most financial markets. Nowadays, these no longer need to be related with a physical place. In effect, trading systems for foreign exchanges are gradually becoming global. All these change…