Financial Inclusion, Poverty Reduction and the Millennium Development Goals

2009 ◽  
Vol 21 (2) ◽  
pp. 213-230 ◽  
Author(s):  
Michael Chibba
Keyword(s):  
Millennium Development Goals ◽  
Poverty Reduction ◽  
Financial Inclusion ◽  
Development Goals

scholarly journals Halfway up the highway: Can Nepal meet its Health Millennium Development Goals?

2009 ◽  
Vol 48 (173) ◽  
Author(s):  
Abhinav Vaidya ◽  
N Jha
Keyword(s):  
Public Health ◽  
Millennium Development Goals ◽  
Poverty Reduction ◽  
Poverty Trap ◽  
World Community ◽  
Central Focus ◽  
The World ◽  
The Status ◽  
Key Words Development ◽  
Development Goals

The Millennium Development Goals (MDGs) are international objectives on poverty reduction adopted by the world community and provide the broad context for this revolution in thinking and practice. The MDGs place a central focus on public health, in recognition of the fact that improvements in public health are vital not only in their own right but also to break the poverty trap of the world's poorest economies. Nepal has been committed to achieving the MDGs since it endorsed the Millennium Declaration. As we have at present just passed the midway through the 15 years to MDGs deadline of 2015, this article reviews the status of Nepal in achieving the MDGs, the challenges it faces and whether it can achieve the MDGs by 2015.Key words: development, goals, health, millennium, Nepal

scholarly journals FINANCIAL INCLUSION AND POVERTY ALLEVIATION AMONG SMALLHOLDER FARMERS IN ZIMBABWE

2020 ◽  
Vol 8 (3) ◽  
pp. 168-182
Author(s):  
David Mhlanga ◽  
◽  
Steven Henry Dunga ◽  
Tankiso Moloi ◽  
◽  
...  
Keyword(s):  
Financial Institutions ◽  
Financial Services ◽  
Poverty Reduction ◽  
Smallholder Farmers ◽  
Financial Education ◽  
Financial Inclusion ◽  
Strong Impact ◽  
Development Goals ◽  
The Government ◽  
The Impact

The study sought to investigate the impact of financial inclusion on poverty reduction in Zimbabwe among the smallholder farmers. It is alleged that financial inclusion can help in achieving seven of the seventeen sustainable development goals (SDGs), which include poverty eradication in all its forms everywhere, ending hunger, achieving food security, ensuring improved nutrition as well as promoting sustainable agriculture and many others. Using the simple regression method, the study discovered that financial inclusion has a strong impact on poverty reduction among smallholder farmers. The study went on to discover that, for the government to tackle poverty especially among the smallholder farmers, it is important to ensure that farmers do participate in the financial sector through saving, borrowing and taking out insurance among other services. So, it is important for the government of Zimbabwe to fully implement policies that encourage financial inclusion such as making sure that farmers find it easy to access financial institutions and encouraging financial institutions to review transaction costs like bank account opening charges periodically, implementing financial education programs among the farmers because these variables are important in influencing farmers to participate or preventing them from using financial services.

scholarly journals Role of financial inclusion in poverty alleviation in Odisha

2020 ◽  
Vol 8 ◽  
pp. 1-8
Author(s):  
Narayan Rout ◽  
Keyword(s):  
Poverty Alleviation ◽  
Millennium Development Goals ◽  
Rice Yield ◽  
Financial Inclusion ◽  
Access To Credit ◽  
Development Indicators ◽  
Bank Branches ◽  
Development Goals ◽  
Branch Banking

Objectives: This study dwells on the role of financial inclusion in poverty alleviation. The alleviation of poverty is implemented by combining direct tools and indirect tools. Traditional solutions have not been as effective and sufficient to tackle poverty. Indirect tools include improving access to credit, promoting savings to the poor. Methods/Statistical analysis: We use district level branch banking and development indicators data for 30 districts of Odisha during the discrete period 1992 to 2011, since official poverty data for district levels are not released. Findings: When controlled for PDDP, number of bank branches plays a significant role to reduce poverty. We find that an increase of Rs. 10,000/- in PDDP can cause a fall in poverty by 4%, an increase of 10% in Rice Yield can cause fall in poverty by 1.5%, whereas, an additional 100 number of bank branches can reduce poverty by 4.7% in the districts. Application/Improvements: The results of this analysis could go further to achieve the millennium development goals in few years. Novelty: We find the relative ranking of the coefficients of real sector and finance sector variables, that when controlled for other variables, e.g., Rice Yield, No. of Branches and PDDP to negatively impact poverty rates. Keywords: inclusion; poverty alleviation; banking; NDDP; branches

scholarly journals Determinants of Household Poverty: Empirical Evidence from Pakistan

2015 ◽  
Vol 54 (4I-II) ◽  
pp. 701-718
Author(s):  
M. Tariq Majeed ◽  
M. Nauman Malik
Keyword(s):  
Millennium Development Goals ◽  
Poverty Reduction ◽  
Large Family ◽  
World Population ◽  
Developing Nation ◽  
Large Family Size ◽  
Low Education ◽  
Poverty Status ◽  
Development Goals ◽  
Main Determinants

The Millennium Development Goals (MDGs) aim at halving the percentage of world population in 1990 with income less than US $ 1 a day and halving the share of people who suffer from hunger by 2015. Being a developing nation, poverty reduction should be our foremost obligation. An appreciable decline has occurred recently, headcount decreased from 34.46 percent in 2000-01 to 23.94 in 2004-05 [Pakistan (2006-07)]. However, seeing only the statistics and the trends in poverty we can just observe that what happened to poverty in different periods and also the decomposition of poverty in different years gives us a more appropriate picture of the incidence of poverty. This knowledge is useful because it informs us whether poverty is increasing or decreasing overtime. However, this information does not provide us the details of the causes of poverty. For instance, is poverty high due to low education attainment or large family size or due to any other reason? Here is a need of research about the determinants of poverty that are positively or negatively linked with the poverty status. This is the area where research can be most useful because firstly we have to understand the main determinants of poverty before designing the most efficient policy to reduce poverty in the country.

China’s Progress in Poverty Reduction: What Can South Africa Learn from China to Attain the Poverty Eradication Goal in the Sustainable Development Goals?

2018 ◽  
Vol 10 (6) ◽  
pp. 91
Author(s):  
Mandla Abednico Mubecua
Keyword(s):  
South Africa ◽  
Poverty Alleviation ◽  
Millennium Development Goals ◽  
Poverty Reduction ◽  
Sustainable Development Goals ◽  
Secondary Data ◽  
Poverty Eradication ◽  
The Sustainable Development ◽  
Development Goals ◽  
Poverty Levels

During the evaluation of the Millennium Development Goals (MDGs) from 2000 to 2015, it was discovered that there was no country managed to meet the envisioned goal of eradicating poverty. However, it was observed that China is the only country that managed to half its poverty levels. Just like other developing countries, South Africa is one of the countries whose performance in the attainment of the first goal of MDGs was not satisfactory. Through the utilization of secondary data in a qualitative approach, this paper argues that South Africa can perform better if it can learn and follow the strategies used by China to shrink its poverty levels. The study shows that China mostly supports State Owned Enterprises, which make the economy to grow and help in poverty alleviation. For that reason, the study recommends that in order for South Africa to attain the poverty eradication goal by 2030 more SOEs have to be established.

scholarly journals Halving Global Poverty

2003 ◽  
Vol 17 (3) ◽  
pp. 3-22 ◽  
Author(s):  
Timothy Besley ◽  
Robin Burgess
Keyword(s):  
Millennium Development Goals ◽  
Poverty Reduction ◽  
Absolute Number ◽  
Global Scale ◽  
Economic Research ◽  
Evidence Based ◽  
Global Poverty ◽  
Development Goals ◽  
Relationship Of ◽  
The Relationship

The Millennium Development Goals—global targets that the world's leaders set at the Millennium Summit in September 2000—are an ambitious agenda for reducing poverty. As a central plank, these goals include halving the proportion of people living below a dollar a day from around 30 percent of the developing world’s population in 1990 to 15 percent by 2015—a reduction in the absolute number of poor of around one billion. This paper examines what economic research can tell us about how to fulfill these goals. It begins by discussing poverty trends on a global scale—where the poor are located in the world and how their numbers have been changing over time. It then discusses the relationship of economic growth and income distribution to poverty reduction. Finally, it suggests an evidence-based agenda for poverty reduction in the developing world.

Between progress, stasis and reversals: an analysis of the Millennium Development Goals in Nigeria

2017 ◽  
Author(s):  
Olabanji Akinola
Keyword(s):  
Sustainable Development ◽  
Millennium Development Goals ◽  
Poverty Reduction ◽  
Sustainable Development Goals ◽  
Development Strategies ◽  
The Sustainable Development ◽  
The Face ◽  
Development Goals ◽  
Different Levels

This chapter examines important lessons for the achievement of the Millennium Development Goals (MDGs) in Nigeria. It first provides a synoptic overview of MDG implementation in Nigeria before discussing the socio-economic and political challenges associated with achieving the MDGs in the country as well as the some of the efforts made by Nigerian governments at different levels to achieve the MDGs in the face of such challenges. It then outlines three major imperatives to achieve the Sustainable Development Goals (SDGs) in Nigeria by 2030 and concludes with some recommendations for overcoming the current challenges in relation to future poverty reduction and development strategies in the country. The chapter argues that Nigeria made little progress with respect to the MDGs, which were characterised by considerable stasis and undeniable reversals in some parts of the country.

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