In the late 1990s, a sense of urgency over the need to reinvigorate develop - ment processes led to the formulation of the Millennium Development Goals, which incorporated the view that increased income is a prerequisite to live - lihood security and a decent standard of living. To date, however, notable progress in poverty reduction—measured in terms of income and passing the US$1 a day absolute poverty threshold—has mainly been made in Southeast and East Asia, especially China, while significant poverty pockets continue to persist in the rural areas of Africa south of the Sahara, and in South Asia, and Central and South America (UN 2011). In search of viable alternatives to reducing poverty, value-chain development (VCD) emerged in the early 2000s as (1) a market-based approach to meet poverty-related Millennium Development Goals, and (2) a response to new opportunities in international markets signaling stronger demand for agricultural and forest products and services produced with environmental and social responsibility.
Publication year
2016
Authors
Stoian, D.; Donovan J A; Fisk J; Muldon M F
Language
English
Geographic
China
