Abstract
The presence of two major sustainable developments leaks i.e.
economic poverty and income inequality among the people
living in Central Karakoram national Park (CKNP) are the
serious threats to environmental degradation for a developing
country like Pakistan. Keeping in view these serious socio- economic and environmental concerns in mind the focus of
present research was to examine the connections between
microfinance, income inequality and sustainable development
in mountainous (CKNP) region of Gilgit-Baltistan Pakistan.
Three approaches of income inequality; Gini coefficient, Robbin
Hood Index and Quintiles Analysis were applied to investigate
the microfinance bias in favor of the income inequality among
mountain poor. Empirical investigations are made using cross
sectional data collected from four valleys; Bagrote, Haramosh,
Rundo and Shigar among two districts; Gilgit and Skardu) of
CKNP region applying multi-stage sampling technique to
assess the nexus between microfinance, income inequality and
sustainable development. The findings of the study
demonstrate a positive connection between microfinance,
income inequality and sustainable development
Kifayat Ullah, Abdul Qayyum Mohsin, Abdul Saboor. (2020) The Nexus between Microfinance, Income Inequality and Sustainable Development: Cross-Sectional Evidence from Central Karakoram National Park (CKNP) Region of Gilgit-Baltistan, Pakistan, Pakistan Social Sciences Review, Volume 4, Issue 3.
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