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  • Publication
    Moving Out of Poverty : Volume 2. Success from the Bottom Up
    (Washington, DC: World Bank and Palgrave Macmillan, 2009) Narayan, Deepa; Kapoor, Soumya
    The global moving out of poverty study is unique in several respects. It is one of the few large-scale comparative research efforts to focus on mobility out of poverty rather than on poverty alone. The study draws together the experiences of poor women and men who have managed to move out of poverty over time and the processes and local institutions that have helped or hindered their efforts. It is also the first time that a World Bank report draws on people's own understanding of freedom, democracy, equality, empowerment, and aspirations-and how these affect poor people in different growth, social, and political contexts. By giving primacy to people's own experiences and how they define poverty, the study provides several new insights to develop more effective strategies to reduce poverty. The study finds that poor people take lots of initiative, in many cases even more than those who are better off. There are millions and millions of tiny poor entrepreneurs. The investment climate of these tiny entrepreneurs has not been a centerpiece of poverty strategies. Too often, poor people do not face a level playing field. Despite the micro credit revolution, poor people remain outside of most financial services; and large lenders remain reluctant to lend to micro enterprises and micro entrepreneurs. New institutional models and financial instruments are needed to serve poor people's financial needs and give them the capital they need to expand their businesses and connect to markets.
  • Publication
    Moving Out of Poverty : Volume 1. Cross-Disciplinary Perspectives on Mobility
    (Washington, DC: World Bank and Palgrave Macmillan, 2007) Narayan, Deepa
    This volume brings together multidisciplinary perspectives on poor people's mobility, a dynamic approach that hopefully will add to the reader's understanding of how and why people move into and out of poverty. The chapters draw on the latest longitudinal micro data to present a moving picture of poverty that is rather different from what one can see in single snapshots, the staple of traditional poverty analysis. The book is also important because the contributors' distinct disciplinary perspectives demonstrate clearly why it is critical to draw on diverse information to improve the reader's understanding about how to reduce poverty. The economic findings reinforce what has been known for some time: fast economic growth underpins poverty reduction, but the speed of declines in poverty is greatly affected by social and political factors. The economic panels also show that the people mired in chronic poverty around the world are actually fewer in number than the people moving in and out of poverty. Static studies do not capture this dynamic quality of poverty and vulnerability. Of particular interest are the chapters clarifying interactions between the local social, political, and economic factors that underlie persistent poverty, vulnerability, and inequality. They point to the need to draw from different disciplines as we turn to the task of reaching the bottom poor trapped in poverty and those churning in and out of poverty.