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I will start by asking the question as follows: What is Poverty, what are the causes and is there a solution?
Poverty is when people lacks the following:- shelter, food, education, healthcare, clean drinking water, unemployment, disease, environmental changes, War etc. The poor who are mainly found in developing countries are not really poor. This is due to poor governance and misappropriate of resources which we will come to at a later stage.
Poverty is a worldwide problem that does not only affect a race or a gender or any one nation. It is a worldwide crisis. This problem is so great that they have been attempts by many people including well known organizations that have tried and continue to try to help people living in poverty around the world.
As Globalization is controversial, proponents argues that poor countries and their citizens should develop economically and raise their standards of living. While opponents of globalization claim that the creation of international free market has benefited multinational corporations in the Developed world at the expense of local cultures, common people and enterprises.
According to Globalization101.org, “resistance to globalization has therefore take shape both a popular and a governmental level as people and governments try to manage the flow of capital, labour, goods and ideas that constitute the current wave of globalization”.
According to Adam Smith (1723-90) – “The Wealth of nations (1776), “not because he concerned that others may not have anything to eat, but because will gain from it. However, the equilibrating effects of the market (given equal exchange values) turn his individual pursuit into a contribution to the general wealth.” (Kees Van der Pijl, 2009 p2)
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“Opera’s Foundation is an inspiration to support and empower women, children, and families in education. She has continued to support projects such as education for girls, HIV in some African countries and in her own Native America. We also have projects run by the Red Cross, Oxfam, USAID, UNFAO, UNCEIF, UNDP and the World Bank with the Millennium Goals and again we will come to that at a later stage and see if anything has been achieved or is it just goal post shifting.
Issues of poverty have been around for a long time but they are other causes of poverty a person can be in complete control of and others not. Poverty is high in most developing countries and the most affected are children, women and girls this is very disturbing indeed.
Poverty is mistakenly classified as lack of money and money is not everything that creates a solid foundation of a healthy life. Citizens are always victims of poverty. This is due to the following of social and economic statuses that are prepared for them in order to cope with situations. Most theorists and I quote “agree that there are two factors that influence downward mobility. The rich and the poor move from one class to another and a number of changes that take place can be large or small.”
People do not realize that a little can add up to equal or a large change.
Source: Development Initiatives based on DAC data and World Bank (2013).
According to the UN world millennium development goal on poverty, 14% of the world population does not have adequate access to food. As can been seen from the World Bank data map of 2015 immediate action is need it to meet the millennium goal. According to the World Bank report, ‘In 2010, an estimated 21% of people in the developing world lived at or below $1.24 a day…More than a billion people worldwide still live in extreme poverty, and many more experience huger and are vulnerable to environmental or price shocks…The World Bank is working with the international community to end extreme poverty in a generation and boost incomes for the bottom 40% in each country. With food security a vital part of this effort, the Bank Group is boosting agriculture financing to $8-10 billion a year and is working in multiple ways to build agricultural productivity.’ (World Bank, 2015)
Kees Van der Pijl (2009) ‘From Classical to Global Political Economy: A Survey of Global Political Economy’ (Version 2.1 Centre for Global Political Economy, University of Sussex) pp. 1 – 29. Available at http://www.sussex.ac.uk/ir/documents/091theories.pdf
Ravenhill, J (2011) ‘The Study of Global Political Economy’ Chapter 12 in Global Political Economy (OUP 4rd edition), pp. 307– 316.
The Levin Institute – The State University of New York Authorship (2015) “What Is Globalization?” at http://www.globalization101.org/what-is-globalization/
The World Bank (2015) World Bank Group: Working to End Extreme Poverty and Hunger in “Goal 1: Eradicate Extreme Poverty and Hunger by 2015”. Available at: http://www.worldbank.org/mdgs/poverty_hunger.html