The rival opinions expressed by Jeffrey Sachs in his book The End of Poverty and by William Easterly in The White Man …'s Burden epitomize the dichotomy in the economics literature regarding the role of foreign aid in eliminating extreme poverty …. On the one hand, the majority of governments see aid as a solution to ending poverty in developing countries. On the …

This paper discusses AfT's role in reducing poverty. Using cross-country data for 52 countries during 2000-2011, it … assesses whether AfT has had a measurable direct effect on poverty in Africa. The paper finds compelling evidence that AfT has … directly impacted on poverty, particularly in LDCs and landlocked countries by improving their productive capacities and trade …

links between various macroeconomic variables related to growth and poverty reduction …

impact of financial literacy on poverty, which is a downstream welfare indicator. Consequently, we have constructed a … composite financial literacy index. Our results reveal that financial literacy plays an important role in reducing poverty. This …