New Approaches to Old Problems: Market‐Based Strategies for Poverty Alleviation

Cooney, Kate; Shanks, Trina

doi:10.1086/652680

Cited by 72 publications

(47 citation statements)

References 24 publications

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“…Regardless of the early promise of micro-credit and microenterprise, it did not lift the very poor out of poverty (Cooney and Shanks, 2010). This may also be the fate of financial inclusion.…”

Section: Introductionmentioning

confidence: 96%

Financial Inclusion: Lessons from Rural South India

Cnaan

Moodithaya²,

Handy

2011

J. Soc. Pol.

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Financial inclusion/exclusion has recently been emphasised as an important policy option aimed at alleviating poverty, minimising social exclusion and enhancing economic growth. In this article, we review the growing interest in financial exclusion and inclusion, define them and demonstrate their existence in developing and developed countries. Our empirical focus is on whether financial inclusion has been successfully implemented in four sites in rural South India where banks claimed that financial inclusion is complete. Although many rural people in South India are financially included, the concept of financial inclusion is more complex than usually portrayed. Our findings show that social and personal deprivation contributes to financial exclusion and should be viewed as key barriers to financial inclusion. We also suggest that financial inclusion is not a monolithic phenomenon and should be studied in a multi-layered fashion, ranging from having a bank account to making full use of modern financial instruments. Disciplines AbstractFinancial inclusion/exclusion has recently been emphasised as an important policy option aimed at alleviating poverty, minimising social exclusion and enhancing economic growth. In this article, we review the growing interest in financial exclusion and inclusion, define them and demonstrate their existence in developing and developed countries. Our empirical focus is on whether financial inclusion has been successfully implemented in four sites in rural South India where banks claimed that financial inclusion is complete. Although many rural people in South India are financially included, the concept of financial inclusion is more complex than usually portrayed. Our findings show that social and personal deprivation contributes to financial exclusion and should be viewed as key barriers to financial inclusion. We also suggest that financial inclusion is not a monolithic phenomenon and should be studied in a multilayered fashion, ranging from having a bank account to making full use of modern financial instruments.

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Section: Introductionmentioning

confidence: 96%

Financial Inclusion: Lessons from Rural South India

Cnaan

Moodithaya²,

Handy

2011

J. Soc. Pol.

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“…Business scholars have particularly focused on the third type of solutions for poverty alleviation, the market‐based solutions, which are considered more effective and sustainable (eg, Alvarez & Barney, ; Clyde & Karnani, ; McKague & Oliver, ; VanSandt & Sud, ). The common premise of market‐based solutions is that poverty persists when the poor have little support from modern market institutions, and thus, a sustainable poverty alleviation programme should effectively involve the poor in market exchanges (Cooney & Shanks, ; McKague & Oliver, ). Specifically, there are 4 market‐based poverty alleviation models in the literature, based on different roles taken by the poverty population as consumers, producers, employees, and microentrepreneurs (McKague & Oliver, ).…”

Section: Theoretical Backgroundmentioning

confidence: 99%

Poverty alleviation through government‐led e‐commerce development in rural China: An activity theory perspective

Zhang

et al. 2018

Information Systems Journal

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This paper uses activity theoretic analyses to investigate the role of governments in developing rural e‐commerce ecosystems and the effects of such ecosystems on poverty alleviation. On the basis of a case study of Longnan, one of the poorest regions in China, this paper reports and analyses the various actions taken by local governments in nurturing, supporting, and regulating the development of a local rural e‐commerce ecosystem and using this ecosystem to transform poverty alleviation. Our study articulates a model of poverty alleviation through e‐commerce. By documenting and theorizing the mechanisms underlying rural e‐commerce development and poverty alleviation through e‐commerce as well as governments' role in developing and sustaining them, this paper contributes to establishing a “theory of the solution” to the grand challenge of poverty alleviation both in China and globally.

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“…To maximize and diversify the economic benefits from tourism, small-scale and nature-based tourism experiences should be promoted [1], with a focus on increased entrepreneurial involvement. Although tourism has been identified as a strategy for poverty reduction and economic development, with emphasis on microentrepreneurship [8][9][10], small and medium tourism enterprises face several obstacles [8,10,11], such as a lack of social capital [12][13][14].…”

Section: Introductionmentioning

confidence: 99%

Bonding and Bridging Forms of Social Capital in Wildlife Tourism Microentrepreneurship: An Application of Social Network Analysis

Morais

Seekamp

et al. 2018

Sustainability

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Tourism has been recognized as an important economic sector, requiring a high degree of involvement from the entrepreneurial sector to diversify tourism products and services to meet increasing demand. Tourism is often considered a tool for economic development and a strategy to improve the livelihoods of rural citizens. Specifically, nature-based tourism, such as wildlife tourism, is growing faster than tourism in general, providing a myriad of opportunities for small-scale entrepreneurial engagement. However, several obstacles exist for these small-scale tourism enterprises, such as a lack of social capital. This study examined a network of wildlife tourism microentrepreneurs for bonding and bridging forms of social capital using a social network analysis approach, where bonding and bridging social capital have their own interpretation. Thirty-seven in-person interviews were conducted with wildlife tourism microentrepreneurs from North Carolina's Pamlico Sound Region. The study revealed that microentrepreneurs interacted with each other in a bridging network structure. The ability to reciprocate with other members of the network was essential for business success. The results identified four key bridging ties connecting potential sub-groups in the network, connected to each other in a redundant fashion. We concluded that the formation of a bridging network structure was a function of entrepreneurial phenomena that may not promote a highly trusted, well-connected network. The findings and implications are further discussed in the paper.

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New Approaches to Old Problems: Market‐Based Strategies for Poverty Alleviation

Cited by 72 publications

References 24 publications

Financial Inclusion: Lessons from Rural South India

Financial Inclusion: Lessons from Rural South India

Poverty alleviation through government‐led e‐commerce development in rural China: An activity theory perspective

Bonding and Bridging Forms of Social Capital in Wildlife Tourism Microentrepreneurship: An Application of Social Network Analysis

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