Informal employment in poverty reduction in Kenya

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Macharia, Sherlyn

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Strathmore University

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The most widely held definition of poverty economically is the situation of an individual eaming less than $1.90 a day. The World Bank improves this definition and extends it beyond monetary definitions to include standards of living and basic needs. According tr the Britannica Encyclopaedia, poverty has also been associated to high levels of disorderly behaviour, improvidence, and inability to work. Overtime, the definition of poverty has continually been built up to include other metrics. Despite povetty being a worldwide issue, there is no general cause for it (Vale, 2018). There are varied causes ofpovetty that are country-specific and period-specific.

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Submitted in partial fulfi1ment of the requirements for the Degree of Bachelor of Business Science-Financial Economics at Strathmore University.

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