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Poverty Alleviation in Economic Globalization: The Role of Microfinance Projects in Malaysia's Experience

This paper examines the role of micro finance projects in eradicating poverty in Malaysia. It aims at analysing the effectiveness and efficiency programs of AIM in eradicating poverty. The paper highlights some issues about economic globalisation and poverty. It argues whether globalisation would le...

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Main Authors: Norhaziah Nawai, Mohamad Sharif Bashir
Format: Conference Paper
Language:en_US
Published: 2009
Online Access:http://dspace.unimap.edu.my/xmlui/handle/123456789/1833
http://hdl.handle.net/123456789/1833
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spelling my.usim-18332015-07-06T04:35:15Z Poverty Alleviation in Economic Globalization: The Role of Microfinance Projects in Malaysia's Experience Norhaziah Nawai Mohamad Sharif Bashir This paper examines the role of micro finance projects in eradicating poverty in Malaysia. It aims at analysing the effectiveness and efficiency programs of AIM in eradicating poverty. The paper highlights some issues about economic globalisation and poverty. It argues whether globalisation would lead to economic growth that in turn brings about poverty reduction. Over the last three decades, Malaysia has made overall a very impressive progress in poverty reduction. The reduction in the incidence of poverty was due to the implementation of the AIM programs among others, towards increasing the productivity and improving the living standards of the poor. Although overall a very important progress has made in fighting poverty, still have major challenges to deal with specially that issues of health and education and basic serves. Poverty based on economic indicators alone is not an adequate measure to explain poverty. Poor people are also poor due to lack of skills, illiteracy, adequate investment, good management, and weak institutions. Based on the finding, a number of policy implications can be recommended and suggested to upgrade the experience of AIM as well as to replicate it in many developing countries. 2009-03-19T11:25:53Z 2009-03-19T11:25:53Z 2009-03-19T11:25:53Z Conference Paper http://hdl.handle.net/123456789/1833 en_US
institution Universiti Sains Islam Malaysia
building USIM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universit Sains Islam i Malaysia
content_source USIM Institutional Repository
url_provider http://ddms.usim.edu.my/
language en_US
description This paper examines the role of micro finance projects in eradicating poverty in Malaysia. It aims at analysing the effectiveness and efficiency programs of AIM in eradicating poverty. The paper highlights some issues about economic globalisation and poverty. It argues whether globalisation would lead to economic growth that in turn brings about poverty reduction. Over the last three decades, Malaysia has made overall a very impressive progress in poverty reduction. The reduction in the incidence of poverty was due to the implementation of the AIM programs among others, towards increasing the productivity and improving the living standards of the poor. Although overall a very important progress has made in fighting poverty, still have major challenges to deal with specially that issues of health and education and basic serves. Poverty based on economic indicators alone is not an adequate measure to explain poverty. Poor people are also poor due to lack of skills, illiteracy, adequate investment, good management, and weak institutions. Based on the finding, a number of policy implications can be recommended and suggested to upgrade the experience of AIM as well as to replicate it in many developing countries.
format Conference Paper
author Norhaziah Nawai
Mohamad Sharif Bashir
spellingShingle Norhaziah Nawai
Mohamad Sharif Bashir
Poverty Alleviation in Economic Globalization: The Role of Microfinance Projects in Malaysia's Experience
author_facet Norhaziah Nawai
Mohamad Sharif Bashir
author_sort Norhaziah Nawai
title Poverty Alleviation in Economic Globalization: The Role of Microfinance Projects in Malaysia's Experience
title_short Poverty Alleviation in Economic Globalization: The Role of Microfinance Projects in Malaysia's Experience
title_full Poverty Alleviation in Economic Globalization: The Role of Microfinance Projects in Malaysia's Experience
title_fullStr Poverty Alleviation in Economic Globalization: The Role of Microfinance Projects in Malaysia's Experience
title_full_unstemmed Poverty Alleviation in Economic Globalization: The Role of Microfinance Projects in Malaysia's Experience
title_sort poverty alleviation in economic globalization: the role of microfinance projects in malaysia's experience
publishDate 2009
url http://dspace.unimap.edu.my/xmlui/handle/123456789/1833
http://hdl.handle.net/123456789/1833
_version_ 1645151226913882112
score 13.222552

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