The Need for World Development
A lot of people across the world will agree that there is a definate
need for world development. A great deal of people live in poverty,
but how did this happen, and what can be done?
There are many problems which have lead to a need for world
development, one of these is debt.Many L.D.Cs have to borrow money
from banks to begin to develop. Many countries who do not have money
are forced to borrow large sums. This means that eventually they will
be forced to pay them back. And some countries simply do not have
enough money to pay these bills. Another great problem with being in
debt is that the people, or countries who have lent the money, can
charge a great deal of intrest, meaning that even if some countries
can pay they will struggle with finding money afterwards, finding
enough money to start again, without loans, is very difficult. Richer
countries find it very easy to exploit the poorer countries. This
often leads to a massive economic crisis inside an L.D.C. e.g; Chile
borrowed 3.9 billion dollars, within a few years she had paid 12
million, but still owed money.
Another large problem is war, often if a country that is an L.D.C gets
involved in a war, then they will feel the pressure, more so than
countries that aren't L.D.C's. Also the worst kinds of wars are civil
wars, as they completely destroy the country in which these people
live. This happened often when one race was treated badly by a ruling
race, this resulted in many civil wars. And wars are often caused by
corruption and political unfairness.
Another large problem, that unfortunately can not be helped by peace
talks is natural disasters. Sadly enough, this is often the cause of
the destruction of a country.Things like earthquakes, floods, fires
and droughts often wreak havoc on the L.D.Cs, and they simply do not
have enough money to deal with these problems. Things like floods can
easily destroy crops, but then so can droughts.
Nonetheless, everyone seems to have a different idea as to how to solve this worldwide issue, some significantly more drastic than others. The easiest way, is to solve this problem is domestically. If each country were to focus on their internal economic infrastructure, and create jobs and social services for their population, it would be a helpful beginning step. As for the U.S., many people are against the current “over-funding” of social aid programs from the government, such as Social Security and Medicare. However, it may not necessarily be over funding that is the only complication, and these programs are highly vital to the action of eliminating poverty, so it is highly crucial to continue their funding.
...s still many problems around the world that need to be fixed before we create sustainable prosperity for everyone. We need to create a foundation of survival and stop the starvation and extreme poverty before we can create sustainable prosperity and happiness for all people.
...uropean imperialism and colonization of various areas. Many of these countries remain poor to this day and simply cannot for a strong lasting government. Somalia sits among these nations plagued by seemingly never-ending war and poverty. Other nations step in and attempt to help the third world, providing their own theory on how to fix it, and perhaps one day poverty in the third world will be no more.
The Sustainable Development Goals (SDGs), otherwise known as the Global Goals, are a universal call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity. Among the 17 goals the third goal is to achieve good health and well-being (UNDP). To achieve this goal, it is definitely known that passing the obstacles available in the overall activities performed to bring about health and well-being. The third goal in its sub goal gives attention on achieving universal health coverage which is an ongoing process for every country as they work to ensure that all people receive the health services they need without experiencing financial hardship. How these financial hardships can be minimized?
The horrific conditions experienced by the people of the third world are conditions that we can only begin to try to understand. Twenty five percent of children will die before their fifth birthday, and those who live will live without many things they need and are entitled to. Children are the future," they need to be tomorrow's solutions, not tomorrow's problems. There are many people out there working to eliminate poverty and improve living conditions for those in the third world countries, but they cannot do it alone. Everyone should take it upon themselves to do something. It may seem like an impossible to solve, but if everyone would work together, poverty would be lost and the third world would be a better place.
Poverty is still the biggest problem the world faces from day to day. Every country suffers from it to some degree, however certain places are greater effected than others. This is because the level of economic growth differs from country to country. The greater amount of growth the less room there is for poverty. This is simple reason why some countries are richer than others. If countries fail to move forward than it can present many problems. Mainly the needless suffering of many, and generally a lower level of living for all those caught in the trap. It is true that growth does create it own problems such as pollution and congestion, but these are acceptable compromises to reduce the level of poverty. The governments around the world have many policies to try and improve the workings of their economies. Governments will differ in the emphasis they give to particular objectives and the ways in which they try to achieve these. The circumstances around these change from time to time, focusing on certain objectives that need the most influence. Economic growth is an ongoing priority. Governments just have to make sure they manage what resources they have properly, in order to achieve this objective.
Poverty is unavoidable and one of the world’s biggest problem. The World Bank estimated that billions of people were living in poverty. Although there are people living in this state of condition, they are people in the developing countries who live in worst condition. “Poverty is the worst form of violence” Mahatma Gandhi. People in the developing countries are a greater risk of absolute poverty. Billions of people living in developing countries lack access to a clean environment therefore; this leads to diseases and malnutrition. Millions of people die each year from these diseases “ being unwanted, unloved, uncared for, forgotten by everybody is much greater hunger, A greater poverty than the person who has nothing to eat” Mother Teresa.
In the end, countries that cooperate and do not discriminate against each other will help themselves and the world flourish. If these developed countries continue to prejudge underdeveloped countries by wealth or other conditions, when people are faced with serious problems in society, these problems become global. By helping each other, all countries offer hope and compassion, and share new knowledge with each other. Therefore, people all over the world would suffer less, because they know they are not alone.
“…increasing international trade and financial flows since the Second World War have fostered sustained economic growth over the long term in the world’s high-income states. Some with idle incomes have prospered as well, but low-income economies generally have not made significant gains. The growing world economy has not produced balanced, healthy economic growth in the poorer states. Instead, the cycle of underdevelopment more aptly describes their plight. In the context of weak economies, the negative effects of international trade and foreign investments have been devastating. Issues of trade and currency values preoccupy the economic policies of states with low-income economies even more than those with high incomes because the downturns are far more debilitating.1”
Today’s world has been divided into developing and industrialized country. Developed countries play an indispensable role in assisting developing nation in dealing with essentials areas as health, education and trade. Developed country should help the developing countries depending upon the resource and the ability of a country. This could lead to a good working relationship in the future also breaking the poverty cycle.
“Money makes the world go round.” We all heard of this quote, because it’s true. With money almost anything can be achieved. From bail to bribery to even hiring assassins. But what can, or should, this money be used for? Are more developed nations obligated to provide development assistance to other nations? My answer is that I “somewhat disagree”.
The Millennium Development Goals (MDGs), established at the 2000 Geneva Conference are to be achieved within 601 days at the time of submission, if the world is to meet the target date of 2015. The progress of the MDGs has been measured and compared within various studies, and although there is still a long way to go, this UN incentive has encouraged positive action within developing countries to break the poverty cycle (Permanyer, 2011). In particular, the progress of the targets and indicators of Goal 1, as implemented in the country of Bangladesh, will be discussed to methodologically explore the success of this initiative in achieving higher quality of life.
The importance of growth and sustainability for the economy comes from the fact that economic growth is fundamental to development and a stable economy, which enhances a nation’s development through the creation of revenue and employment. It is necessary to distinguish between economic growth and development (Hillbom, 2008). Generally economic development cannot be defined so precisely, as it is a multidimensional concept which refers to “changes in living standards and welfare over time”. It also referred to “structural change of economic and social infrastructure in an economy” as UNCTAD (2014) stated that economic development is fundamentally “a process of structural transformation whereby countries innovate and diversify from producing
In international parlance, development encompasses the need and the means by which to provide better life for people in poor countries and it includes not only economic growth, although that is crucial, but also human development like...
Our world is essentially divided into two sections: rich and poor. Unfortunately , the majority of people are poor. Each society has certain attributes that are part of its culture. Richer countries are literate, industrial, overweight, overfed, and comfortable. Poorer societies are illiterate, under-developed, hungry, malnourished, and struggling to merely survive.