A new way to tackle ultra-poverty
January 26, 2015 1:50 PM Subscribe
A new approach to assisting the "ultra-poor" ¨C the poorest people on the planet ¨C is showing promising results. In up to 95% of cases, the approach has been shown to help people exit the category of ultra-poverty, defined as living on less than 50 cents per day.
A Bangladeshi-based aid organization has pioneered the innovative development scheme. At a cost of $500 over 2 years, the method is based on exerting "maximum pressure on the major determinants of poverty; little to no health care, lack of livelihood skills and capital, illiteracy, low self-esteem, and social exclusion".
posted by dontjumplarry (26 comments total)
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posted by Joakim Ziegler at 1:57 PM on January 26, 2015