Poverty & Economic Development

The link between poverty and economic development

The financial services sector and poverty alleviation

Infrastructure

Governance

Trade and Investment

Human Capital

Trade and investment

In this paper, we explore the importance of the poverty and economic development dimensions such as infrastructure, private sector development, entrepreneurship, trade and investment and human capital. This is done while keeping in mind the ethical and governance issues like accountability and fairness and their influence on economic development. The content is discussed within the context of a financial services institution operating within African countries. In this paper, we also discuss the steps that the board and senior management of a company can take to address these issues, and describe which steps you would regard as the most effective.

Introduction

The link between poverty and economic development has often been a subject of several discussions and studies (Roemer & Gugerty,1997;Hull,2009; Loayza &...
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