Impact of Micro-Lending on Poverty and Income Inequality

Question

Description

Pick an approach to addressing poverty, inequality, or development (e.g., Land titling, UBI, Microlending, SDG, Co-op, Global Wealth Tax, or some other approach). (1) Describe the approach (2) Explain what it is meant to achieve and how (3) Explain when was it first implemented and/or where has it been implemented since? (4) What relevant group(s) or organization(s) guide its implementation and oversight? (5) What metrics in general, if any, does it set for determining whether implementation is successful? (6) What barriers – political, economic, strategic – if any, have gotten in the way of implementation? (6) Has this approach been successful, unsuccessful, mixed, problematic, or too early to tell? Explain. (7) Are there any recommended remedies or reforms that have been proposed to improve the approach you chose, or do you have any suggestions? Explain.

Please support your claims with evidence, logic, and reference to past studies or events.

Must include references to at least 3 sources (they can be material we read during the course or other material you have encountered or sought out). You must cite quotes or paraphrases using either parenthetical or footnote citations. I added a few of the articles we have had to read throughout the class. Please if you have questions just ask.