Discerning Major Strategies for Alleviating Poverty in Developing Countries
DOI:
https://doi.org/10.3126/irjmmc.v6i5.89075Keywords:
developing countries, povertyAbstract
Poverty in developing countries is a complex issue driven by an intricate interplay of economic, social, environmental, and political factors. This study aims to discern major strategies for alleviating poverty in developing countries. To achieve this objective, it adopted an exploratory research design based on secondary qualitative data collected from peer-reviewed journal articles, scholarly books, and policy reports published between 2015 and 2025. The secondary data, which were mustered through a comprehensive review of theoretical literature, underwent a thematic analysis. The findings of the analysis revealed economic growth and job creation, education and market-relevant skill development, financial inclusion and access to micro-finance services, social protection through social inclusion and safety nets, agriculture through innovation and agri-technology, good governance and transparent resource distribution, information and communication technology (ICT), renewable energy solutions, women’s empowerment and gender equality, access to healthcare and nutrition services, infrastructure development, and inclusive and sustainable development practices as the key strategies for alleviating poverty in developing countries. These findings suggest that poverty is a complex issue requiring interconnected solutions rather than isolated interventions. This study benefits policymakers, development practitioners, and researchers by providing a synthesized strategic framework that supports planning, policy formulation, and the effective implementation of poverty reduction programs in developing countries.
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