Eship as solution to extreme poverty Flashcards
What are the three perspectives on eship and poverty alleviation
Remediation
Reform
Revolution
Remediation perspective
Poverty is result of resource scarcity.Since poor people cannot get access to traditional loans they stay poor. Entrepreneurs like the founder of Grameen bank aim to alleviate this problem
Reform perspective
Believe poverty is result of social exclusion. Try to push the governments into driving reforms
Revolution perspective
Introducing new means of organizing society.
Remediation and opportunity identification?
Has focused on partnerships and the resources they generate which help give rise to new opportunities. Finally, the remediation perspective suggests that gender influences opportunity identification as men often enjoy greater access to critical resources such as information
Remediation and opportunity exploitation?
substantial attention on the acquisition of resources, particularly in the form of financial capital including microfinance
Remediation and entrepreneurial growth
assumes that economic growth is the key to poverty alleviation and should occur as barriers to entrepreneurship among the poor are removed and scarce resources necessary for growth are provided.
Reform and opportunity exploitation
Affects the insitutional context. Providing power to marignalized groups
Reform and entrepreneurial growth
Finally, this perspective also highlights how poverty alleviation can occur as opportunities are exploited. For example, in addition to economic success, opportunity exploitation can also lead to the empowerment of women, though such empowerment often requires on-going negotiation
Revolution and opportunity identification
also suggests new types of opportunities that can be identified through entrepreneurship. Rather than focusing on purely economic opportunities, the revolution perspective highlights the potentially transformative power of entrepreneurship for society.
Revolution and Opportunity exploitation
exploiting opportunities in ways that respond to the needs of the poor who are being served, rather than serving the interests of the elites who run anti-poverty programs
Revolution and entrepreneurial growth
The revolution perspective suggests a need to engage a much broader array of stakeholders, such as government, civil society, businesses, and institutions to ensure that growth is accompanied by distributive justice