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World development report 2000/2001 : attacking poverty

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2001

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TLDR

The report examines poverty’s dimensions—its nature, evolution, causes, and aspects of human deprivation such as powerlessness, voicelessness, vulnerability, and fear—to provide a framework for action. The report argues that expanding poor people’s assets through economic growth, integration, technology, and public action can substantially reduce poverty, and that state‑led empowerment actions—building social institutions to improve well‑being, health, income, education, and remove barriers—are essential. The approach combines state institutional responsiveness to build social institutions that improve well‑being, health, income, education, and remove barriers; risk‑management strategies to reduce vulnerability to economic crises and natural disasters; and global actions that analyze trade, capital flows, and reform development assistance to transform poor livelihoods.

Abstract

This report focuses on the dimensions of poverty, and how to create a better world, free of poverty. The analysis explores the nature, and evolution of poverty, and its causes, to present a framework for action. The opportunity for expanding poor people's assets is addressed, arguing that major reductions in human deprivation are indeed possible, that economic growth, inequality, and poverty reduction, can be harnessed through economic integration, and technological change, dependent not only on the evolvement of markets, but on the choices for public action at the global, national, and local levels. Actions to facilitate empowerment include state institutional responsiveness in building social institutions which will improve well-being, and health, to allow increased income-earning potential, access to education, and eventual removal of social barriers. Security aspects are enhanced, by assessing risk management towards reducing vulnerability to economic crises, and natural disasters. The report expands on the dimensions of human deprivation, to include powerlessness and voicelessness, vulnerability and fear. International dimensions are explored, through global actions to fight poverty, analyzing global trade, capital flows, and how to reform development assistance to forge change in the livelihoods of the poor.