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Current global economic crisis
Current global economic crisis
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1. Introduction
Over the past decades, the reduction of poverty, particularly in its extreme form has been at the center of national policies in most developing countries and high on international development agendas (United Nations, 2014). This is clearly evidenced in the importance given to poverty reduction in the Millennium Development Goals (MDGs) and in the discussions on the Sustainable Development Goals (SDGs). The MDGs have served as a unified framework for concerted efforts by governments, development partners and international organizations to reduce poverty. Within this framework an increasing number of policies and programs were designed with the aims of reducing significantly poverty in the least developed countries. However, the evidence of success is mixed, particularly in Sub-Saharan African (SSA) countries
Despite moderate economic growth in the recent years, poverty levels in SSA have barely dropped and are still very high (Barret et al., 2005). In most countries on the continent, little progress has been made toward the complete reduction of poverty. Between 1970 and 2000, the poverty rate in SSA has soared from 48% to 59% (Artadi and Sala-i-Martin, 2003;
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In the 1970s and 1980s, Benin pursued a socialist ideology as development pathway and progressively slipped into a deep political, social and economic crisis with dramatic consequence on poverty . In the late 1980s, poverty in the country was widespread, unemployment was skyrocketing and social unrests plagued the country. The crisis culminated in a National Conference in February 1990s with a fundamental ideological shift toward democratization and market liberalization. At that time, the expectations for economic recovery, economic take-off, and human development peaked. While, there have been moderate economic growth , like other sub-Saharan African countries, poverty in this small country of West Africa, has remained stubbornly high over the last two
It is not difficult to document that poor children suffer a disproportionate share of deprivation, hardship, and bad outcomes. More than 16 million children in the United States – 22% of all children – live in families with incomes below the federal poverty level – $23,550 a year for a family of four. (Truman, 2005) Living in poverty rewires children 's brains and reports show that it produces prolonged effects. Also, growing up in a community with dangerous streets, gangs, confused social expectations, discouraging role models, and few connections to outsiders commanding resources becomes a burden for any child. The concern about the number of children living in poverty arises from our knowledge of the problems children face because of poverty.
Journalist, Patricia Cohen, in her New York Times article, writes that millions have managed to lift themselves out of the poverty in the past year. Cohen’s purpose is to inform and convince readers that indeed poverty levels have declined despite that millions across the country are still heavily affected by the 2008 Recession. She adopts a sympathetic and informative tone in order to transmit upon her readers the idea that the economy is not perfect but it is in fact improving. Cohen establishes a strong ethos by including anecdotes of success stories, she supports her argument with a significant use of logos through statistical figures as well as graphs in order to assure her readers that unemployment has definitely declined.
Poverty is not just an issue reserved for third world countries. Instead, poverty is a multifaceted issue that even the most developed nations must battle
Smith, Stephen C. Ending Global Poverty: A Guide to What Works. New York: Palgrave Macmillan, 2005. Print.
In her article, “Sustainable Social Policy: Fighting Poverty Without Poverty Programs,” Theda Skocpol argues that universal programs that benefit all citizens address poverty more effectively than targeted ones. Skocpol argues from a theoretical basis, implying that the political success of assistance programs is of paramount importance. She posits that such programs are “politically sustainable,” because they almost exclusively target low-income families. The arbitrary measures used to determine who benefits and who doesn’t may lead social unrest. Skocpol provides a basic example; struggling families who fall short of becoming beneficiaries are angered by the fact that they must pay for someone else’s benefits. Consequently, those who are
Poverty has been a growing problem in America, and it most likely will never stop being one. Someone who is identified as being in poverty lives beneath the poverty line determined by the Federal government. The poverty line in 2015 for a family of four was $24,250. These are the people who are really considered poor. Poverty isn’t just a problem in the United States; in fact, other countries struggle just as much, if not more, than the United States does. Many people struggle to keep themselves above the government’s poverty line, shown by the fact that the percent of poor people in America hasn’t drastically changed over the years. However, it is possible to get out of, and ultimately stay out of, poverty.
United Nations Development Programme. Poverty Reduction and UNDP. New York: United Nations Development Programme, Jan. 2013. PDF.
Of course, there are differences between being poor in the developing country and being poor in the developed country, but there are some key factors about poverty that are common despite the location and the quality of the country’s development. Therefore, I will start by discussing general effects of poverty on child development.
Over one billion people are living in poverty, lacking safe water, housing, food, and the ability to read. There is a high concentration of communities in poverty in Africa; particularly Central Africa. States that are considered in Central Africa are the following: Cameroon, Democratic Republic of Congo, Central Republic of Africa, Chad, Equatorial Guinea and the Congo. The majority of these Central African states’ economies are dependent on agriculture. As a result of this dependency, natural disasters, droughts and wars can displace subsistence farmer from their land resulting in poverty becoming even more prevalent and harder to come back from. Also with a history of dependency on farming there tends to be the trend of education not being a primary focus for the youth which is another factor into the stagnant poverty trend in Central Africa.
Within the United States poverty is an enormous problem. Extreme poverty or poverty suffered by people who live on less than $1 a day, can be found in a wide variety of different types of people. Children in the United States suffer tremendously from poverty, which contributes to the problem itself and allows poverty to evolve more rapidly. People who range from ages 18 to 64 as well as the elderly are affected by poverty everywhere. According to the U.S. Census Bureau in 2012, “more than 1 in every 3 poor people in 2011 were children” (U.S. Census Bureau, 2012). This class has shown me that poverty stretches its hand to wide variety of people in a vast amount of different places. Before this class I was not aware that the southern part of the United States has historically been the part of the country that suffers the worst from poverty while the midwestern part of the country has fared better. I also di...
The overriding challenge Uganda faces today is the curse of poverty. Poverty, ‘the lack of something”(“Poverty.”), something can be materials, knowledge, or anything one justifies as necessary to living. Associated with poverty is the question of what causes poverty and how to stop poverty? The poverty rate in Uganda has declined from the year 2002 from the year 2009, which shows the percent of residents living in poverty has decreasing. Yet, the year is 2014 and the poverty rate could have drastically changed over the course of five years. One could assume the poverty rate would continue to decrease, which would be astounding and beneficial, but does poverty ever decrease enough to an acceptable level or even nonexistence? Poverty is a complex issue that continues to puzzle people from all across the globe. Poverty could possible be a question that is never truly answered.
Poverty is an undeniable problem in America. In 2014, 14.8 percent of the United States was in poverty (“Hunger and Poverty Fact Sheet”). There are more people in the United States than it seems that do not have their basic necessities. In an
As developed countries quench their thirsts for petrol, developing countries around the world are left behind, force to watch on without any help from the outside community. Being poor means to be disadvantaged in every single way. It means not being able to support yourself or your family or have the basic necessity to life. Without substantial help for these helpless people then we should be feeling guilty that we are living lives far better than what others are experiencing. Poverty may because by wars, disease or lack of education and infrastructure and the resulting consequences may be hunger, starvation, crime and ultimately death. If poverty is not eradicated then injustice will continue, increasing death tolls and lives.
Causes and Solutions of World Poverty Poverty is prevalent throughout the world around us. We watch television and see famous people begging us to sponsor a child for only ten dollars a month. We think in our own minds that ten dollars is only pocket change, but to those children and their families, that ten dollars is a large portion of their annual income. We see images of starving children in far away countries, and our hearts go out to them. But we really do not know the implications of poverty, why it exists, or even what we can do to help combat this giant problem in our world.
Has anyone ever considered thinking about what the world is really going through? How many people don’t have the necessities in order to survive? If so, what are these people going through? Poverty is the state of one who lacks a standard or socially acceptable amount of money or material possessions. Sometimes events occur that changes a person’s perspective on life. Poverty is one that can have a huge effect on not only one person, but also the people around him/her. Over half of the world is going through this tragedy and we, being the ones who created it, have the responsibility to end it.