The conditions of man have changed significantly in recent decades. The discoveries and inventions that have been made during the last hundred years have been greater than the sum of all creativity made until then. Even these inventions, people all around the world are suffering; in the world 1,300 million people live on less than a dollar a day, almost half of the population lives on less than two dollars a day. Perhaps it is a product of the fact that more than 800 million are unemployed and many more than 100 works with salaries that do not cover their basic needs. And that nineteen percent (19%) of young people between 14 and 17 years have not completed primary education. In that sense, no one doubts that Education is a determining factor in a high degree in the wellbeing and wealth of man. Venezuela, a developing country, is not excluded from this statistic as well. In Venezuela in recent years’ poverty has been increasing, reaching very important levels; for many analysts, the future of these country does not look very promising. Apart from political factors, which are largely determinant of the country's situation, Education as a factor of personal and national development has not been addressed as it should be. In recent years has been developing in Latin America and especially in Venezuela, an economic crisis of such magnitude that in this country the increase in poverty has grown dramatically, as a result of the decrease in sources
“Education leads to a brighter future.” Quite a clichéd phrase, actually. So popular, that people tend to forget the true significance of it. It is known that Latin America faces numerous problems that makes looking into the future a discouraging view; but we fail to realize the lack of education may be the root of these issues, including violence, unemployment and poverty. Even though education is widely available in Latin America, people are not yet engrained with the idea that education can be a facilitator for a superior life. Economic issues that stem from unemployment and poverty have led to the notion that education is wasted time that could be better spent
Most of Venezuela’s population finds itself educated because public education is provided. Even though education is free, there is an astounding 20 % of the population that has received no formal education at all. This is outrageous because Venezuela has a compulsory educational system, which means that people are required to by law to go to attend school for 9 years. This shows that even though education is provided for free there are still families so poverty stricken that they are not able to send their children to school; because they need to work to provide more support for the families. The children that do go through the public education system can attend Universities which are also free. Although the education in Venezuela is provided for free, this is also a reason why the education system is not the greatest. Providing education from grade school through college stretches educational funds thin, which results in each level of education being under funded.
Secondly, in order to reduce income inequality Latin American governments should be more concerned about the improvement of education system. As far as they can provide society with quality education people will have more employment/ job opportunities, thus the rise of the middle class will occur. Why it is better than current situation? Probably owing to the advantages for the middle class, which are clear improved quality of life and increased access to goods and services moreover access to credit market. In this issue, I fully agree with regional chief economist of world bank Augusto de La Torre which claims (2010) that the resources to escape poverty and the ability to better yourself despite having born into a poor family, both of these
In comparison with the class readings and the book I selected to read, both materials discussed how not all areas of Latin America are heavily populated and have money to improve with. The book In the Head of a Saint
Education plays a larger component in the lives of people all around the world since it gives them capital, such as human, cultural, and social capital. Furthermore, education provides populations with all sorts of skills that can improve their quality of life. However, there happen to also be inequalities of education and diverse minorities have a grueling time trying to adjust their future. Numerous studies have shown a strong correlation of socioeconomic status and education, including how difficult it is to improve one's quality of life when coming from a low socioeconomic status.
Poverty, or the inability to afford basic human needs, is an issue that is spread worldwide. There are people everywhere who cannot afford shelter, food, healthcare, or education. It seems easy enough to ignore the bum asking for change on the street, but it becomes near impossible in regions where whole families are begging on the street. This rings true in Latin America and it is extremely frustrating to see social inequality this extreme. This essay will examine how much poverty exists in Latin America, why the amount of poverty is so disproportionate and what can possibly be done to alleviate the amount of poverty in these countries.
Klasen, Stephan, and D., Felicitas. Nowak-Lehmann. Poverty, Inequality, and Policy in Latin America. Cambridge, MA: MIT, 2009. Print.
In an ever-constantly changing world people always seek out a better life; this is especially true for the children of South America. This is a serious problem though, in our amazing world there are dark spots, and some of them can be found in poverty-stricken south american countries.
Many countries around the world are in bad shape, because of poverty. Extreme global poverty has become a problem that is affecting a large percentage of the world’s population. It will continue to spread until serious actions have been taken place against the wealthier nations. However, countries feel they have no choice, but to deal with the problems and their main source of controversy and this is one of the reasons why poverty is taking so long to be condensed. Places in the Dominican Republic such as the Congo, and places in Africa such as Chad, Liberia, Sierra Leone, Central African Republic, Ethiopia, and Zimbabwe,
Daron Acemoglu and Terry Lynn Karl accurately predict events in Venezuela, due to the influence of political elitist, who have hindered the state’s progress towards economic advancement. Venezuela’s lack of political stability is defined by a rational actor, due to the inability of elitist groups to invest their wealth in domestic development. According to Acemoglu’s historical approach to assessing the role of institutions in economic development, “some societies have good institutions that encourage investment in machinery, human capital, and better technologies, and, consequently, these countries achieve economic prosperity. However, countries where elitist groups represent the institutions often times block progress towards industrialization
Venezuela is not facing a famine, but improvements in poverty and nutrition were achieved between 2003 and 2012 have been almost completely worn, and well-being of the population is deteriorating dramatically. Even amid the apparent abundance a few years ago, studies by the National Institute of Nutrition and UNICEF revealed disturbing evidence of chronic malnutrition. The government 's decision to hide the real situation by refusing to publish statistics per- continents will make the crisis much more difficult to handle. In the second half of 2013, according to the INE, 22.3 % of Venezuelans lived in poverty, and other 9.8 in extreme poverty. While there have been no published figures for 2014 Vice President Jorge Arreaza announced at the annual conference of the Food and Agriculture Organization (FAO) that extreme poverty had declined by 5.4%, a figure that contradicts the findings of several recent independent studies. Noting the deterioration of all relevant indicators (including inflation, food shortages, unemployment, budget cuts and health coverage), the human rights organization Provide estimated that by the end of 2015 will have the same number of poor people in the 2000 (almost eleven million). This calculation was based on a study (LSMS) conducted in 2014 by three major universities, which indicated that 48.4% of households were living in poverty. The authors warned that up to a third of them had fallen into poverty situation recently and that,
This paper will discuss poverty, the different types of poverty and their definitions and who is affected by each type of poverty. It will look at the some of the major reasons why poverty exists and what causes poverty, like such things as inequality, stratification and international debt. Some of the impacts of poverty will also be analyzed from a national and global perspective; things like education, literacy rate, and crime. This paper will demonstrate that poverty affects almost everyone in some form or another and exists because those with power and wealth want and need poverty to exist to force a dependence on the wealthy. A few of the main
Poverty is a problem that has been going on in many places of the entire world. One country that is also trying to fight poverty is Mexico. This is due to many reasons.According to CHOICE Humanitarian the problem lies with the redistribution of its wealth. Their history from fighting poverty has gone to 45% of the population living below the poverty line and more than 10% in extreme poverty, making less than $1.25 per day. By the 1950’s 65% of the population were in extreme poverty then the number went down to 20-25% from the 1960s to 1995. This was starting to get a better change but then by 1980’s the number of Mexicans living below the poverty line increased. This kept on following after the 1995 crisis which brought 33% of the population under the extreme poverty line which the author states.
facing, has as a target the most vulnerable sector of the country, increase indiscriminately the
Furthermore, other factors in the international market have also affected Venezuela. The decrease in the price of petrol has affected them directly since a high percentage of their economy is based on its exploitation. Likewise, the political and economic factors have caused a shortages and lack of social cohesion in the country. In a few words, the hyper-inflation in Venezuela is the consequence of a mixture of political and economic problems, which result in a multitude of social problems.