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Design of Poverty Reduction in Developing Countries Based on Entrepreneurship

Endang Naryono

No 736dv, OSF Preprints from Center for Open Science

Abstract: Poverty is a very complex problem to solve and find a solution, this is because poverty is highly correlated with various cross-sectors with one another that is interconnected so that breaking the poverty rate requires a strategy that is concrete, valid and of course sustainable. The purpose of this paper is to make a policy design in an effort to alleviate poverty in developing countries or poor countries that have low per capita income. The main problem in developing countries is that they do not have sufficient budgets to develop their countries so that in general the budget deficit is covered through foreign debt, then it is still dependent on investment from foreign investors in driving the economy, especially in the manufacturing, industry and infrastructure sectors because the state has not been able to afford it. to build it themselves due to the lack of budget, the low quality of human resources, this is due to the low level of education so that they do not have the competitiveness in competing in getting jobs, so that people who do not have competitiveness are finally excluded and fall into poverty. Policies in developing countries are generally still at the macro-economic level, not at the micro-economic level in poverty alleviation so that the poverty rate, although there is a decline, is still very small compared to the ratio of poverty growth to population. One solution to overcome this poverty problem is to build an entrepreneurial spirit because entrepreneurship will have high economic value and have a very large multiplayer for economic growth.

Date: 2021-11-11
New Economics Papers: this item is included in nep-ban and nep-ent
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Persistent link: https://EconPapers.repec.org/RePEc:osf:osfxxx:736dv

DOI: 10.31219/osf.io/736dv

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