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The Nature of Poverty and Its Prospects: Pakistan Evidence

Author

Listed:
  • Gobind M. Herani
  • Pervez Wasim
  • Allah Wasayo Rajar
  • Riaz Ahmed Shaikh

Abstract

Livelihood depends upon development, which directly or indirectly needs intervention of Government, NGOs and Community Organizations, etc. Diversification widens people’s options, encourages spatially diverse transactions, increases cash in circulation in rural areas, and enhances human capital by providing those who diversify with new skills and experiences. People living in country are highly skilled can transform the available resources into something usable for consumption. Microcredit programmes have brought the vibrancy of the market economy to the poorest villages and the people of the World. This business approach to alleviation of poverty has allowed millions of individuals to work their way out of poverty with dignity. The contribution made by livelihood diversification to rural livelihoods is a significant one, which has often been ignored by policy makers. As Pakistan is also a developing country, that is why, we need to identify reasons. To keep these things in mind attempt has been made to identify the reasons of poverty as special objective; and to identify strategies made by country for the reduction of poverty and its consequences. This study is an exploratory research.

Suggested Citation

  • Gobind M. Herani & Pervez Wasim & Allah Wasayo Rajar & Riaz Ahmed Shaikh, 2008. "The Nature of Poverty and Its Prospects: Pakistan Evidence," Journal of Global Economy, Research Centre for Social Sciences,Mumbai, India, vol. 4(3), pages 184-195, September.
    • Handle: RePEc:jge:journl:432
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    1. Gobind M. Herani, 2010. "Microfinance And Self-Help Finance System To Reduce Poverty From Pakistan: An It-Based Solution," Indus Journal of Management & Social Science (IJMSS), Department of Business Administration, vol. 4(1), pages 57-63, December.
    2. Sulman Hafeez, Siddiqui & Hassan Mujtaba Nawaz, Saleem, 2008. "Services-led Growth and Industrial Policy: Lessons for Pakistan," MPRA Paper 75647, University Library of Munich, Germany.
    3. Herani, Gobind M., 2008. "Livlihood Diversification and Opinion Polls’ Analysis: Evidence From Tharparkar-Sindh (Pakistan)," MPRA Paper 8050, University Library of Munich, Germany.
    4. Irfan, Mohammad & Muhammad Yasin, Hafiz, 2009. "Socio-Economic Challenges Faced by Pakistan," MPRA Paper 40570, University Library of Munich, Germany.
    5. M. Akram, Mian & Afzal, Muhammad, 2014. "Dynamic Role of Zakat in Alleviating Poverty: A Case Study of Pakistan," MPRA Paper 56013, University Library of Munich, Germany.
    6. Gobind M. Herani & Muhammad Mahmud & Prof. Dr. M. A. Qureshi, 2009. "Livlihood Diversification1 and Opinion Polls’ Analysis: Evidence From Tharparkar-Sindh (Pakistan)," Indus Journal of Management & Social Science (IJMSS), Department of Business Administration, vol. 3(1), pages 64-79, June.

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    More about this item

    Keywords

    Pakistan Economy; Poverty; Development issues;
    All these keywords.

    JEL classification:

    • I0 - Health, Education, and Welfare - - General
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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