ENHANCING ECONOMIC PROSPERITY: THE ESSENTIAL IMPACT OF POVERTY ALLEVIATION ON SOCIO-ECONOMIC ADVANCEMENT
Keywords:
poverty alleviation, economic prosperity, socio-economic development, economic growth, human capital, employment, social inclusion, sustainable development, living standards, public policy.Abstract
This article examines the crucial role of poverty alleviation in
promoting sustainable economic prosperity and socio-economic advancement. Poverty
reduction contributes to higher employment levels, improved living standards, greater
access to education and healthcare, and enhanced social inclusion. The study analyzes
the relationship between poverty alleviation policies and economic growth,
emphasizing the importance of effective government interventions, investment in
human capital, and inclusive development strategies. The findings suggest that
reducing poverty not only improves individual well-being but also strengthens
economic stability, productivity, and long-term national development.
References
1.
World Bank (2024). Poverty, Prosperity and Planet Report 2024.
Washington, DC.
2.
Organisation for Economic Co-operation and Development (2024).
Development Co-operation Report 2024: Recalibrating Development Co
operation to Tackle Poverty and Inequalities. Paris.
3.
J. Han (2024). Green Finance, Social Inclusion, and Sustainable
Economic Growth. Humanities and Social Sciences Communications.
4.
Yixun Kang & Ying Li (2024). The Impact of China's Economic
Growth on Poverty Alleviation: From Absolute to Relative Poverty.
5.
Charles Dupont & Debraj Roy (2024). Emergent Poverty Traps and
Inequality at Multiple Levels Impedes Social Mobility.
