Poverty and Low Earnings in the Developing World
Gary S. Fields
Abstract
Gary S. Fields
Abstract
Abstract This article examines the relationship between poverty and labor markets in the developing-country context. It details the labor markets and types of work in which the poor are engaged. It then examines policies that have been put into effect to help the poor earn their way out of poverty. These include growth, trade, and aid; harnessing the energies of the private sector; expanding paid employment and increasing the returns to self-employment. The article concludes by highlighting some areas for future research.
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Abstract This article examines the relationship between poverty and labor markets in the developing-country context. It details the labor markets and types of work in which the poor are engaged. It then examines policies that have been put into effect to help the poor earn their way out of poverty. These include growth, trade, and aid; harnessing the energies of the private sector; expanding paid employment and increasing the returns to self-employment. The article concludes by highlighting some areas for future research.
Key concepts: Poverty, Earnings, Developing country, Context (archaeology), Work (physics), Economics, Labour economics, Private sector