Caroline Moser and Anis A. Dani, in their book Assets, Livelihoods and Social Policy explain that asset-based policies provides needy households the means and opportunities to accumulate assets and have greater control over their livelihoods. Asset-based policies may be of use to households which depend on their own assets for their livelihood. To avoid inequality, the policies need to focus on creating an asset base for the poor. In order for the individuals, especially the poor, to have access to assets, it becomes necessary to broaden interest in public policies, public investments and public intervention. To be successful, an asset-based policy should overcome challenges such as initial inequality, unorganized sectors of the economy, imbalance in asset building and inadequate state effectiveness.Caroline Moser and Anis A. Dani (eds.), Assets, Livelihoods, and Social Policy. Washington, DC: World Bank Publications, 2008.
