Theoretical considerations of poverty reduction
DOI:
https://doi.org/10.69940/ruc.20250604Keywords:
Education, financial inclusion, industrialization, entrepreneurshipAbstract
Poverty reduction is a set of economic and humanitarian measures aimed at lifting people out of poverty on a permanent basis. The aim of the research is to describe the main theoretical considerations for poverty reduction. For this purpose, a qualitative approach methodology of documentary and descriptive review was used. The data collection technique was a literature search in ScienceDirect databases from 2013 to 2023, and grounded theory was used to analyse the data. The research findings have shown that there are several factors that depend on the region of each country, but the main factors of poverty reduction in developed countries are through education, because a person with a higher level of education tends to have a better quality of life. Consequently, financial inclusion such as access to micro-credit. On the other hand, industrial development for the employment it generates and external factors, these factors are the entrepreneurs that are installed in the environment of the industries, for which they need support, in these supports enter the factors mentioned above such as education and microcredit.
Downloads
References
Adewale, A. R. (2017). Import substitution industrialisation and economic growth – Evidence from the group of BRICS countries. Future Business Journal, 3(2), 138-158. https://doi.org/10.1016/j.fbj.2017.06.001
Agénor, P.-R., & Agénor, M. (2023). Access to infrastructure and women’s time allocation: Implications for growth and gender equality. Journal of Macroeconomics, 75, 103472. https://doi.org/10.1016/j.jmacro.2022.103472
Al Shaikh, M. E., & Hanaysha, J. R. (2023). A conceptual review on entrepreneurial marketing and business sustainability in small and medium enterprises. World Development Sustainability, 2, 100039. https://doi.org/10.1016/j.wds.2022.100039
Aracil, E., Gómez Bengoechea, G., & Moreno de Tejada, O. (2022). Institutional quality and the financial inclusion-poverty alleviation link: Empirical evidence across countries. Borsa Istanbul Review, 22(1), 179-188. https://doi.org/10.1016/j.bir.2021.03.006
Capuno, J. J. (2022). Growth with redistribution, finally: Regional poverty and inequality in the Philippines, 2000–2018. Asia and the Global Economy, 2(2), 100039. https://doi.org/10.1016/j.aglobe.2022.100039
Carayannis, E. G., Grigoroudis, E., & Wurth, B. (2022). OR for entrepreneurial ecosystems: A problem-oriented review and agenda. European Journal of Operational Research, 300(3), 791-808. https://doi.org/10.1016/j.ejor.2021.10.030
Chen, Z., Ali, S., Lateef, M., Imran Khan, A., & Khalid Anser, M. (2022). The nexus between asymmetric financial inclusion and economic growth: Evidence from the top 10 financially inclusive economies. Borsa Istanbul Review. https://doi.org/10.1016/j.bir.2022.11.004
Dahalan, N., Jaafar, M., & Rosdi, S. A. M. (2013). Local Community Readiness in Entrepreneurship: Do Gender Differ in Searching Business Opportunity. Procedia - Social and Behavioral Sciences, 91, 403-410. https://doi.org/10.1016/j.sbspro.2013.08.437
Dao, N. D. (2020). Does the microcredit intervention change the life of the low- and middle-income households in rural Vietnam? Evidence from panel data. World Development Perspectives, 20, 100259. https://doi.org/10.1016/j.wdp.2020.100259
Díaz Bonilla, E., & Constenla Villoslada, S. (2021). Paths out of poverty: An eclectic and idiosyncratic review of analytical approaches. Journal of Integrative Agriculture, 20(4), 868-879. https://doi.org/10.1016/S2095-3119(20)63397-4
Ghalib, H., El-Khorazaty, M. T., & Serag, Y. (2021). New capital cities as tools of development and nation-building: Review of Astana and Egypt’s new administrative capital city. Ain Shams Engineering Journal, 12(3), 3405-3409. https://doi.org/10.1016/j.asej.2020.11.014
Herrera, J., & de las Heras-Rosas, C. (2020). Economic, Non-Economic and Critical Factors for the Sustainability of Family Firms. Journal of Open Innovation: Technology, Market, and Complexity, 6(4), 119. https://doi.org/10.3390/joitmc6040119
Hillesland, M., Kaaria, S., Mane, E., Alemu, M., & Slavchevska, V. (2022). Does a joint United Nations microfinance ‘plus’ program empower female farmers in rural Ethiopia? Evidence using the pro-WEAI. World Development, 156, 105909. https://doi.org/10.1016/j.worlddev.2022.105909
Hofmarcher, T. (2021). The effect of education on poverty: A European perspective. Economics of Education Review, 83, 102124. https://doi.org/10.1016/j.econedurev.2021.102124
Khamuradov, M. (2022). Investment policy in the transport sector and its impact on the economic development of the region. Transportation Research Procedia, 63, 2880-2886. https://doi.org/10.1016/j.trpro.2022.06.335
Lupiáñez Carrillo, L., López Cózar, C., & Priede Bergamini, T. (2017). El capital intelectual y el capital emprendedor como impulsores del crecimiento económico regional. Cuadernos de Economía, 40(114), 223-235. https://doi.org/10.1016/j.cesjef.2016.09.005
Monteza, M. del P. P., Blanco, J. L. Y., & Valdivieso, M. R. (2015). The Educational Microcredit as an Instrument to Enable the Training of Women. Procedia - Social and Behavioral Sciences, 197, 2478-2483. https://doi.org/10.1016/j.sbspro.2015.07.315
Moutinho, R. F. F. (2016). Absorptive capacity and business model innovation as rapid development strategies for regional growth. Investigación Económica, 75(295), 157-202. https://doi.org/10.1016/j.inveco.2016.03.005
Neme Castillo, O., & Chiatchoua, C. (2022). US multinational enterprises: Effects on poverty in developing countries. Research in Globalization, 5, 100090. https://doi.org/10.1016/j.resglo.2022.100090
Nie, F., Bi, J., & Maru, A. (2021). Paths out of poverty. Journal of Integrative Agriculture, 20(4), 851-856. https://doi.org/10.1016/S2095-3119(21)63647-X
Odei, S. A., & Hamplová, E. (2022). Innovations in small businesses: Do public procurement contracts and intellectual property rights matter? Heliyon, 8(9), e10623. https://doi.org/10.1016/j.heliyon.2022.e10623
Olopade, B. C., Okodua, H., Oladosun, M., & Asaleye, A. J. (2019). Human capital and poverty reduction in OPEC member-countries. Heliyon, 5(8), e02279. https://doi.org/10.1016/j.heliyon.2019.e02279
Sánchez Tovar, Y., García Fernández, F., & Mendoza Flores, J. E. (2015). La capacidad de innovación y su relación con el emprendimiento en las regiones de México. Estudios Gerenciales, 31(136), 243-252. https://doi.org/10.1016/j.estger.2015.04.001
Sanz, R., Peris, J. A., & Escámez, J. (2017). Higher education in the fight against poverty from the capabilities approach: The case of Spain. Journal of Innovation & Knowledge, 2(2), 53-66. https://doi.org/10.1016/j.jik.2017.03.002
Sekhon, S., & Grant, M. (2021). Patterns of loan use for women’s self-help groups in rural Rajasthan. World Development Perspectives, 24, 100365. https://doi.org/10.1016/j.wdp.2021.100365
Telukdarie, A., & Mungar, A. (2023). The Impact of Digital Financial Technology on Accelerating Financial Inclusion in Developing Economies. Procedia Computer Science, 217, 670-678. https://doi.org/10.1016/j.procs.2022.12.263
Xiong, R., Wan, Q., & Liang, W. (2022). On foreign-invested enterprises’ exit: Economic development or labor market price regulation? China Economic Quarterly International, 2(3), 215-226. https://doi.org/10.1016/j.ceqi.2022.08.006
Yang, Y., & Liu, Y. (2021). The code of targeted poverty alleviation in China: A geography perspective. Geography and Sustainability, 2(4), 243-253. https://doi.org/10.1016/j.geosus.2021.09.004
Zaman, M., Pinglu, C., Hussain, S. I., Ullah, A., & Qian, N. (2021). Does regional integration matter for sustainable economic growth? Fostering the role of FDI, trade openness, IT exports, and capital formation in BRI countries. Heliyon, 7(12), e08559. https://doi.org/10.1016/j.heliyon.2021.e08559
Downloads
Published
Issue
Section
License
Copyright (c) 2025 Derlis Daniel Duarte Sanchez, Rafaela Guerrero Barreto
This work is licensed under a Creative Commons Attribution 4.0 International License.
Esta obra está bajo una licencia internacional Creative Commons Atribución 4.0.
All the content of this journal is under 