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workfare scheme in which the government acts as the employer of last resort. Is this a cost-effective policy against poverty …? Using a microeconometric model of the casual labor market in rural India, the authors find that a guaranteed wage rate … sufficient for a typical poor family to reach the poverty line would bring the annual poverty rate down from 34 percent to 25 …
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distinction for poverty alleviation. We argue that there are three key dimensions to the economic problem: exchange, coordination …, and governance. We then make a case that poverty alleviation is more like an economic problem than a technological one, an … poverty is not a simple lack of objectively identifiable resources but rather a multidimensional and socially embedded …
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