Abstract
The reduction of poverty rates remains a challenging battle for most OECD governments, numerous international organizations, philanthropic associations, and a subject of study for many research centers. In this analysis, 200 empirical governmental documents, international reports, and peer-reviewed scientific publications regarding poverty reduction were meta-analyzed to identify the strongest factors in reducing poverty among OECD countries. A quantitative exploration of the literature using a statistical correlational research design showed that positive political leadership, effective economic and policy-making, low crime rates, low corruption rates, employment, higher earnings, familial support, greater access to higher education, age, physical and cognitive disability, physical health, mental health, positive cultural factors (mentality, values, etc.), access to clean water and food, housing, location, relocation, government support, communal support, scientific development (technology and innovation), and availability of production resources were found to be the most significant areas associated with the reduction of poverty among OECD countries in 2023. An analysis of the findings and suggestions for policymaking and research are also offered. Keywords: Economy; economic mobility; OECD; poverty, poverty reduction; social mobility
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More From: International Journal of New Trends in Social Sciences
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