Anti-Poverty Policies and Anti-Poor Philosophies

Journal of Business and Economics Vol 2 Number 2 July-December 2010

11 Pages Posted: 2 Jun 2013

See all articles by Asad Zaman

Asad Zaman

Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)

Date Written: June 2, 2010

Abstract

In this paper, the many policies, philosophies, and theories which claim to help the poor, but actually hurt them are discussed. The most prominent recent example is that of the Structural Adjustment Programs vigorously pushed by the World Bank. Their contribution to increasing poverty has been documented by many authors, and even the World Bank has acknowledged their failure. The main theme of this paper is that only a small minority (the top 1%) benefits from the exploitation of the poor. However, in democratic societies, they must acquire the support of the majority to carry out these policies. This process of generating support requires the fabrication of theories which support and justify such exploitation as necessary and reasonable.

Keywords: Poverty, SAP, Power Knowledge

JEL Classification: B00, I32

Suggested Citation

Zaman, Asad, Anti-Poverty Policies and Anti-Poor Philosophies (June 2, 2010). Journal of Business and Economics Vol 2 Number 2 July-December 2010. Available at SSRN: https://ssrn.com/abstract=2273127

Asad Zaman (Contact Author)

Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE) ( email )

Quaid-i-Azam University Campus
P.O.Box 1091
Islamabad, Federal Capital 44000
Pakistan

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