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The poverty problem and the industrialization solution

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  • Sharon Alvarez
  • Jay Barney
  • Arielle Newman

Abstract

Despite decades of effort, abject poverty remains a serious problem in many countries around the world. The effects of five approaches to poverty alleviation—foreign aid, microfinance, social entrepreneurship, base of the pyramid initiatives, and the establishment of property rights among the abjectly poor—are briefly reviewed. While each of these approaches has some benefits, none have fulfilled their promise of poverty alleviation. Ironically, as these efforts have gone forward, international industrialization has had a more significant impact on poverty alleviation in at least some countries. Copyright Springer Science+Business Media New York 2015

Suggested Citation

  • Sharon Alvarez & Jay Barney & Arielle Newman, 2015. "The poverty problem and the industrialization solution," Asia Pacific Journal of Management, Springer, vol. 32(1), pages 23-37, March.
    • Handle: RePEc:kap:asiapa:v:32:y:2015:i:1:p:23-37
    DOI: 10.1007/s10490-014-9397-5
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    References listed on IDEAS

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