To date, over 689 million people worldwide subsist in extreme poverty. To address this staggering statistic, this paper explores two leading microfinance models as potential solutions. First, there is a focus on the Grameen Solidarity Group model and its reliance on group accountability to...

This paper investigates if trade can help achieve the United Nations Sustainable Development Goal of poverty eradication using microeconomic and macroeconomic mechanisms and the effects of trade and trade policy on consumer prices, producer prices, and wages. As these mechanisms affect the real...

Data from the World Bank shows that in the 21st century, over 100 million Africans have become poor and about 43% of the African population is extremely poor. Notwithstanding, African governments have over the years liberalized their economies through a low tariff regime, in addition to external...