Introduction: Over the past few decades many different development strategies have emerged concerning the alleviation of poverty and the progress of international development. It is nearly impossible to have an ideal development model that will ensure a positive growth for developing nations. Until recently‚ whether or not development strategies were actually successfully implementing policies and improving the standard of living of societies was of much debate. Of course‚ it must be recognized
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are unique to each country based on historical‚ economic and institutional imperatives. In Nigeria‚ the reforms in the banking sector preceded against the backdrop of banking crisis due to highly undercapitalization deposit taking banks; weakness in the regulatory and supervisory framework; weak management practices; and the tolerance of deficiencies in the corporate governance behaviour of banks (Uchendu‚ 2005). Banking sector reforms and recapitalization have resulted from deliberate
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Poverty Reduction Strategy Paper - Wikipedia‚ the free encyclopedia http://en.wikipedia.org/w/index.php?title=Poverty_Reduction_Strategy_P... Poverty Reduction Strategy Paper From Wikipedia‚ the free encyclopedia Poverty Reduction Strategy Papers (PRSPs) are documents required by the International Monetary Fund (IMF) and World Bank before a country can be considered for debt relief within the Heavily Indebted Poor Countries (HIPC) initiative.[1][2] PRSPs are also required before low-income
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This essay is an attempt to explain the role of investment in poverty reduction. In order to achieve this‚ an exposition of the theoretical assumptions on the linkages between investment and poverty reduction will be undertaken. In addition‚ relevant definitions and practical examples will be cited. A conclusion will then be drawn from the discourse. As is well known‚ poverty is multi-dimensional. There are several different indicators of well-being (e.g. education‚ health‚ nutrition‚ security)
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is the growing importance of microfinance‚ both to provide access to credit and as a vehicle for empowerment. Community banks are recognized for their role in meeting these goals‚ although they remain controversial‚ as the goals of microfinance are not always agreed upon‚ with government officials and community members emphasizing different interests. We examine the Los Angeles Community Development Bank to glean further lessons regarding the role community banks can play in community development
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Impact on Poverty in Pakistan Sohail J. Malik Ph.D. Islamabad May 10‚ 2006 The globalization phenomenon • Globalization is multidimensional and impacts all aspects of life – economic social‚ cultural and political. • globalization in production and labor markets is leading to increasing outsourcing of parts‚ components‚ and services • the drive towards market liberalization has rapidly accelerated the pace of globalization during the past decade. From Globalization to Poverty Reduction
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RURAL POVERTY ALLEVIATION IN Nigeria In addressing this topic; Rural Poverty Alleviation‚ it is necessary to define each of the words in this phrase. Efforts will therefore be made to clearly describe/define the following words; Rural‚ Poverty‚ and Alleviation. WHAT IS RURAL? To define what is rural is daunting task‚ because the word rural is an inexact term that can mean different thing to different people. For example‚ what is considered rural in a place like United States of America and United
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Challenges For Poverty Reduction in Malaysia One of the challenges for poverty reduction in Malaysia is migrant worker’s issue. The current development policies of Malaysia are influenced by globalisation and liberalization which leads to the implications on activities related to poverty. The decrease in employment opportunities affects the urban poor and migrant workers. The demand for skilled human resources in capital intensive activities are huge since Malaysia is restructuring its economy
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Adult Education and Poverty Reduction Education is a moral right to those who should be educated and a moral duty to those who should allow and facilitate the education to take place. That is equivalent to saying that education should necessarily result in poverty reduction as a matter of moral imperative. A society that is ravaged by poverty is morally impoverished and can escape the poverty through a certain kind of education (Dame‚ 1999). Education is a necessary instrument for the attainment
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bonds. Recapitalization in Nigeria banking sector‚ has built a solid foundation for Nigerian banks to compete favourably with their counterpart world over. Recapitalization causes unemployment due to downsizing‚ merger and acquisition‚ it causes deflation as more money is raked from peoples hand (through sales of shares) In order to build the new capital base. It also leads to current crisis of the banking sector (I.e. the unethical lending’s without collateral as the banks has so much money to give
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