Poverty Labs- From ‘Alleviation’ to ‘Elimination and then Prevention’

Abstract

Any poverty elimination model should have both long-term and short-term concern that focus on altering the current socio-economic system that is causing poverty while focusing on increasing the production capacity of the poverty community targeted.

In this paper, we shall assess the effectiveness of the known poverty labs models, i.e. the operational significance, in relevance to poverty alleviation and then elimination, in comparison to the unstructured approach of the poverty-focused inspiration economy labs. Then, a framework for poverty elimination stages and steps is recommended. The paper recommends future development to the United Nations, first sustainable development goal (SDG).