Picking the People up from Poverty: Urban Labour Market Deregulation Vs. Encouraging the Development of Micro-Enterprises

Picking the People up from Poverty: Urban Labour Market Deregulation Vs. Encouraging the Development of Micro-Enterprises

Abu Saleh Mohammad Sowad (University of Dhaka, Dhaka, Bangladesh)
Copyright: © 2016 |Pages: 9
DOI: 10.4018/IJSEM.2016100101
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Being a multidimensional phenomenon, it is hard to confine poverty within any definitive parameters and even harder to send the word poverty back to dictionary. Poverty eradication needs both short and long term strategic interventions; policies regarding employment opportunities should also be planned in such way. As an economic strategy, deregulation targets to eliminate the regulating authorities of labour market and decrease the interference of legal aspects within the relationship between companies and individuals to a minimum level with a great decline in the cases of collective bargaining. Labour market deregulation creates ample employment opportunities for poor people especially women. This paper looks for an effective and efficient way to alleviate poverty between Urban Labour Market Deregulation and the development of micro-enterprises with a sketch of possibilities and vulnerabilities of both approaches and a comparative approach to find the best possible way within these two to remove poverty's shadow from humankind.
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Poverty From A Global Perspective

Poverty always equals with the words like inequality, discrimination and deprivation. If we follow the definition of poverty by United Nations (1998) we see poverty as:

…a denial of choices and opportunities; it is a violation of human dignity. It means lack of basic capacity to participate effectively in society. It means not having enough to feed and clothe a family, not having a school or a clinic to go to, not having the land on which to grow one's food or a job to earn one's living, nor having access to credit. It means insecurity, powerlessness and exclusion of individuals, households and communities. It means susceptibility to violence and it often implies living on marginal and fragile environments, not having access to clean water and sanitation.

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