Self-employment and poverty in developing countries

Gary Fields ()

IZA World of Labor, 2019, No 60v2, 60

Abstract: A key way for the world’s poor to escape poverty is to earn more for their labor. Most of the world’s poor people are self-employed, but because there are few opportunities in most developing countries for them to earn enough to escape poverty, they are working hard but working poor. Two key policy planks in the fight against poverty should be: raising the returns to self-employment and creating more opportunities to move from self-employment into higher paying wage employment.

Keywords: self-employment; poverty; labor earnings (search for similar items in EconPapers)
JEL-codes: J23 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (22)

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