Multiple Perspectives for Poverty Reduction

Francesco SOFO, Alison WICKS, Michelle SOFO, Riyana MIRANTI, Luke Taylor-Ide

Research output: A Conference proceeding or a Chapter in BookChapter

Abstract

The 193 United Nations member countries, focused on halving world poverty by 2015, set eight Millennium Development Goals. A new 2030 agenda for sustainable development has replaced the failed goals; it comprises 17 new sustainable development goals including ending poverty. 1.2 billion people (about 20% of the world's population) cannot fulfil most basic daily needs to live without fear, hunger, or suffering. The International Fund for Agricultural Development (IFAD) estimates that more than one billion people in the world live on less than US$1 a day while 2.7 billion struggle to survive on less than US$2 per day. The chapter strategically examines four perspectives (economic, sociological, occupational, and educational) to identify some of the key success factors to ensure the viability of new micro-businesses. A theoretical framework that incorporates these perspectives and the SEED–SCALE methodology is proposed, demonstrating how the establishment of new micro-businesses may be used to reduce poverty in developing economies.
Original languageEnglish
Title of host publicationHandbook of Research on Sustainable Development and Governance Strategies for Economic Growth in Africa
EditorsKassa Teshager Alemu, Mulunesh Abebe Alebachew
Place of PublicationHershey, United States
PublisherIGI Global
Chapter27
Pages523-542
Number of pages20
ISBN (Electronic)9781522532484
ISBN (Print)9781522532477
DOIs
Publication statusPublished - 2018

Publication series

NameAdvances in Electronic Government, Digital Divide, and Regional Development (AEGDDRD)

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SOFO, F., WICKS, A., SOFO, M., MIRANTI, R., & Taylor-Ide, L. (2018). Multiple Perspectives for Poverty Reduction. In K. T. Alemu, & M. A. Alebachew (Eds.), Handbook of Research on Sustainable Development and Governance Strategies for Economic Growth in Africa (pp. 523-542). (Advances in Electronic Government, Digital Divide, and Regional Development (AEGDDRD)). Hershey, United States: IGI Global. https://doi.org/10.4018/978-1-5225-3247-7.ch027