Poverty alleviation: is economics any help? Lessons from the Grameen Bank experience.

Part of a special section on world poverty. The writer argues that poverty is created by the inadequate understanding of human capabilities and by the failure to create enabling theoretical frameworks, concepts, institutions, and policies to support those capabilities. He maintains that approachin...

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Publicado en:Journal of International Affairs Vol. 52; no. 1; pp. 47 - 66
Autor principal: Yunus, Muhammad
Formato: Artículo
Publicado: Journal of International Affairs Fall 1998
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Acceso en línea:Ver este registro en EBSCOhost
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        au: Yunus, Muhammad
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        Grameen Bank (Company)
        Poor people
        Rural credit
        Rural development
        Bangladesh
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        subj:
          Bangladesh
          Grameen Bank (Company)
          Poor people
          Rural credit
          Rural development
      ab: Part of a special section on world poverty. The writer argues that poverty is created by the inadequate understanding of human capabilities and by the failure to create enabling theoretical frameworks, concepts, institutions, and policies to support those capabilities. He maintains that approaching poverty reduction at the macro-level is inadequate because lack of human capital or lack of demand for labor are not the primary causes of poverty—lack of demand for labor is in fact only a symptom of poverty. He asserts that economics as it is understood at present is not only unhelpful in getting the poor out of poverty, it may even act as a hindrance. He presents a useful framework to define the concept of “the poor” more concretely, and he then examines those institutions that perpetuate poverty; outlines his experiences with Bangladesh's Grameen Bank, which became an effective poverty alleviation institution; and offers his thoughts on the future of poverty alleviation.
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    language: English
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