Poverty Reduction and Financial Inclusion

Front

What is the aim of poverty reduction and financial inclusion?

Back

To explore key determinants of chronic and transient poverty.

Front

What approach is commonly used to quantify poverty-reducing effects?

Back

Propensity score matching (PSM)

Front

What factors are associated with chronic poverty?

Back

Household composition and unemployment.

Front

What challenges are associated with micro-level data in poverty studies?

Back

Sample selection bias.

Front

What is the traditional monetary approach to measuring poverty?

Back

The most correlated with subjective measures.

Front

Define chronic poverty.

Back

A long-term state of poverty that persists over time.

Front

Define transient poverty.

Back

Temporary poverty that individuals or households experience for a limited period.

Front

What role does financial inclusion play in poverty reduction?

Back

It provides access to financial services, enabling individuals to invest in opportunities.

Front

What is microfinance?

Back

Financial services provided to low-income individuals or groups who lack access to traditional banking.

Front

What is the significance of access to education in poverty reduction?

Back

Education increases skills and employability, leading to better income opportunities.