China’s anti-poverty success can be explained by what may be called a L-E-A-P strategy-- Leadership, Empowerment, All-sector participation and Paired assistance. Some elements of the strategy can help other developing countries move faster towards the Sustainable Development Goal of “ending poverty in all its forms” by 2030.
ANN ARBOR – This year’s Nobel Memorial Prize in Economic Sciences was awarded to Abhijit Banerjee, Esther Duflo, and Michael Kremer for their experimental approach to poverty reduction. In the Nobel Committee’s view, the economists’ use of randomized controlled trials (RCTs), a method adapted from medical sciences, to test whether specific interventions work has “considerably improved our ability to fight global poverty.”
KATHMANDU, April 4: Progress in development indicators of the country’s 14th development plan have been more satisfactory compared to those in the past plan periods, according to a report of National Planning Commission.