Introduction: Poverty and income inequality were two main problems of Brazil. In order to solve these problems Brazil have taken different policy initiatives. The economists call it an innovative anti-poverty and inequality model. Objectives: The objectives of this paper is to study different aspects of Brazilian innovative anti-poverty and inequality model and its impact on Brazilian society. Another objective to study is whether this model is specification in its applicability or it may be applied on other medium-income economies because income inequality and poverty are the common problems of almost all developing countries. Methodology of study: This is a qualitative research study in which we have studied different characteristics in general terms and policies introduced by Brazilian government during 2000-2010 period. We have used secondary data extracted from the database of IMF, World Bank, US Federal Reserves, US Bureau of Economic Analysis and relevant journals. Findings & Results: Our study finds hat poverty in Brazil has reduced from 17 percent in 2000 to 8 percent in 2010. The evidence also shows that the wealth of the richest 20 percent of upper class was decreased during 2000-2010 due to high tax rates payment and the income of lowest 20 percent quintile was increased from 2.6 percent to 3.5 percent in the same period. It shows that the income of lower class was increased while the wealth and income of upper class was decreased during 2000-2010. The study also reveals that about half of poor segment of Brazilian population has come out of poverty trap in a short span of just 10 years.
Microcredit And Poverty Alleviation: Strategy For Women’s’ Economic Empowerment In Hududullah Microcredit Company Limited, Birnin Kebbi (Review Completed - Accepted)
Considerable concern has emerged on micro credit and poverty alleviation programmes; little has been explored with respect to microcredit and women empowerment. This paper examines the strategy for women’s empowerment by Hududullah Microcredit Company in Birnin Kebbi, with the view to ascertain the level of poverty reduction on women that are participating in the programme. A sample of 100 women were randomly were selected from a population of 500 women. Primary data was collected using interview method in other to avoid dialect and illiteracy problems. Collected data was analysed using frequencies and percentages on a tabular form. The findings reveal among others that loan was accessible to the women productively utilized by them and raised their level of economic self employment and reliance. Also repayments were successful