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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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    References listed on IDEAS

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    1. Stefan Dercon & Pramila Krishnan, 1996. "Income portfolios in rural Ethiopia and Tanzania: Choices and constraints," Journal of Development Studies, Taylor & Francis Journals, vol. 32(6), pages 850-875.
    2. D’Silva, E. & Wani, S. P. & Nagnath, B., 2004. "The making of new Powerguda: community empowerment and new technologies transform a problem village in Andhra Pradesh," IWMI Research Reports H035879, International Water Management Institute.
    3. Gobind M. Herani & Allah Wasayo Rajar & Ali Akbar Dhakan, 2007. "Self-Reliance Micro-Finance in Tharparkar-Sindh: Suggested Techniques," Indus Journal of Management & Social Science (IJMSS), Department of Business Administration, vol. 1(2), pages 147-166, December.
    4. Bryan W Husted, 1999. "Wealth, Culture, and Corruption," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 30(2), pages 339-359, June.
    5. Rena, Ravinder, 2007. "Sectoral Performance In The African Economy – Some Issues And Trends," MPRA Paper 11089, University Library of Munich, Germany, revised 2007.
    6. Frank Ellis, 1998. "Household strategies and rural livelihood diversification," Journal of Development Studies, Taylor & Francis Journals, vol. 35(1), pages 1-38.
    7. Gobind M. Herani & Allah Wasayo Rajar & Muhammad Ali, 2007. "Reforming Farmland and Rangeland at Tharparkar: Suggested Implementations for Income Generation," Indus Journal of Management & Social Science (IJMSS), Department of Business Administration, vol. 1(1), pages 14-32, June.
    8. Alam, M S, 1995. "A Theory of Limits on Corruption and Some Applications," Kyklos, Wiley Blackwell, vol. 48(3), pages 419-435.
    9. Ellis, Frank, 2000. "Rural Livelihoods and Diversity in Developing Countries," OUP Catalogue, Oxford University Press, number 9780198296966.
    10. Gobind M. Herani & Riaz Ahmad Shirazi & Mr. Noor Zaman, 2007. "Knowledge Transformation and Economic Development: The Role of Digital Technology- An Analysis," Indus Journal of Management & Social Science (IJMSS), Department of Business Administration, vol. 1(1), pages 33-45, June.
    11. Herani, Gobind & Wasim, Mohammad Pervez & Rajar, Allah Wasayo & Shaikh, Riaz Ahmed, 2007. "Farming Management in Pakistan: Suggested Techniques," MPRA Paper 15947, University Library of Munich, Germany.
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    Cited by:

    1. 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.
    2. 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.
    3. 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.
    4. Herani, Gobind M., 2008. "Livlihood Diversification and Opinion Polls’ Analysis: Evidence From Tharparkar-Sindh (Pakistan)," MPRA Paper 8050, University Library of Munich, Germany.
    5. Irfan, Mohammad & Muhammad Yasin, Hafiz, 2009. "Socio-Economic Challenges Faced by Pakistan," MPRA Paper 40570, University Library of Munich, Germany.
    6. 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.

    More about this item

    Keywords

    Pakistan Economy; Poverty; Development issues;

    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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