Poverty reduction strategies, institutional economics approach

Definition of poverty، nowadays، has gone beyond income poverty and extended to categories such as lack of access to education and health، equal opportunities، privation of social and individual capabilities، including the lack of political and social freedom، Lack of enjoyment of participation in social institutions، violation of civil rights. Inequality and poverty reduction strategies have also been broadened reciprocally، in recent years، besides the direct policies of reduction of poverty and Public services، other solutions to reduce inequality and poverty have been proposed. In this regard، institutional perspective offers new approaches for reduction of inequality and poverty. In this article، with a brief review of the three approaches، institutional strategies for reducing inequality and poverty are presented.