Viktoriya Adamyk, Nataliya Komar
International assistance for poverty eradication: theoretical aspects, world and national practice
Journal of European Economy, Volume 7, Issue 1, March 2008, pp.54-71
|JEL: I32, I38
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Poverty eradication is declared in The Millennium Declaration as the global goal to be reached by all mankind, not separate countries facing that problem. Among the wide range of mechanisms aimed at raising population’s welfare and reducing the inequality gap, international economic assistance holds a weighty position, especially in those countries whose socio-economic situation does not make it possible to find sufficient internal resources to fight certain aspects of poverty. The authors believe that the development of the recipient country’s poverty eradication strategy and the donor country’s assistance strategy should be coordinated with consideration for the effectiveness criteria based on the theoretical approaches advanced by the leading experts in the poverty issues and the world practice.