Towards A Modern Approach To Development
According to the World Bank, in 2011, seventeen per cent (17%) of the people in the developing world lived at or below $1.25US a day. This means that 1.4 billion people or twenty one per cent (21%) of the world’s population live in extreme poverty. Undoubtedly, the fight against poverty and gender inequality requires multiple approaches involving government and non-governmental organizations (NGO’s). Recently, there has been an increase in the number of countries investing heavily in social protection programmes to address the needs of the most susceptible in their societies. As a result of such investments in conditional cash transfers, cash grants from the government to poor household in exchange for sending their children to school and for regular health check up there has been an improvement in the standard of living for many families. For example, in The Philippines conditional cash transfer has reached 4.4 million families and has made a significant change in the quality of life