Living Conditions ( World Bank )

Over the years living conditions around the world have improved, even in the poorest of countries. Despite this there is still a clear difference between high-income countries and low-income countries. High-income countries are defined as countries with very productive economic systems where the majority of people have fairly high incomes, while low-income countries are defineed as having low economic systems where most people are poor and many do not meet living standards (Macionis et al., 2005, pg 439). Even though poverty can be found all over the world citizens in low-income countries are living in absolute poverty rather than relative poverty

Poverty is the state of living without the basic necessities of life - for example, money or a reliable supply of food. People living in poverty might be lacking a steady income, the ability to feed their families, or access to education and healthcare. In 2015, there were 43.1 million people living in poverty in the USA.

Chad suffers from the overall widespread poverty. It is evident that nearly two-thirds of people in Chad live below the poverty line and the population remains among the world’s poorest (Our Africa, 2015). The United Nations Human Development Index in 2010 shows that Chad was ranked near the bottom at 163 out of

In the year 2015, Niger and Congo have the lowest life expectancy compared to the other 3 countries. This is because Africa is mainly made up of third world countries; so they don't have good healthcare, nutrition and a healthy way of living. Also a big factor is education, people who are more educated, tend to have higher awareness regarding their personal & surrounding hygiene. Unfortunately, enrolment rate to even primary schools have dropped in many parts of Africa. Also as high as 45% of the people in Africa have no access to clean water. As there is no alternative source, many people collect drinking water from rivers, streams & canals polluted with human excreta & chemicals. From aids to syphilis and the new Ebola outbreak, there are many deadly diseases that plague the African people that also contribute in the low life expectancy.

Ending world poverty is not an easy task. Many have tried to end this global problem with the notion that there is enough for the whole world. However, some regions have failed to succeed in the trial to end deprivation. In spite of the failure to end poverty, people like Jeffrey Sachs continue to have the optimism to demolish poverty. Class assignments reading and discussions have enabled the inspiration to acquire policies that could stop the cyclical development of poverty. These policies include the improvement and affordability of primary education in the developing region of sub- Saharan Africa. The prevention and cures of treatable diseases. As well as, the elimination on the food crisis in sub-Saharan Africa. The inspired

People living in poverty have to prioritize their “needs.” That is the main thing that I learned while doing this simulation. The needs for my family and I were food, shelter, and healthcare. When placing our needs in order we all picked food as our number one priority. That often left us without functional shelter. For example, another family had gotten evicted from their house, because they had chosen food before paying their rent. My family had gotten their utilities turned off because of lack of money as well.

One of the things that I am most proud of is the fact that I overcame poverty in a third world country and I am now living in the U.S., going to college as an honors student with a 4.00 GPA, leading the Honors Club for the current academic year, and leading my own community project.

Theorists have argued that some poor nations are held back due to political corruption, religion and a culture of poverty. According to the conflict approach, poor nations, are poor because of unequal relations with powerful nations and not because they lack resources. The economic and political systems of the powerful nations dominate and exploit the weaker ones in trade and other relations while preventing them from becoming dependent. Reader pg. 271 on global stratification, suggest that in the future power and influence will only grow. Technological advancements are playing a role in creation and reinforcing of the global economies.

Fifty-eight point three percent (58.3% ) of the population lives below the poverty line, with great disparities existing whether urban or rural and the poverty incidence decreases from North to South . Moreover, the monetary poverty approach of the Unified Questionnaire of Basic Indicators and Welfare statistics (in French QUIBB) has revealed that, on average the poverty line has increased by 14.5% from 2006 to 2011

Poverty has been a worldwide problem since bartering first began. Some people would have than others. They are considered wealthier and this causes conflicts and class divides. After bartering, the idea of money was implemented. Poverty continued to thrive through this new system and it continues to be a problem today, so much that countries are classed based on their wealth.

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

Worldwide, approximately 1.3 billion people do not have access to affordable and efficient healthcare and out of those who have access, almost 170 million are forced to spend around 40 % of their income on medical treatment (Asante et al,2016).In low and middle income countries (LMICs), the major constraint to the access of healthcare is financial burden, where out-of-pocket payments (OPP) contribute to approximately 50 % of total health expenditure (WHO, 2010). As a result, in these countries there is high probability of many households being pushed into poverty due to high medical expenses (McIntyre,2006).The matter of concern in LMICS is that poor and disadvantaged groups of population do not have access to adequate quality of healthcare.For instance, according to WHO (2010) up to 20 % of women in rich population are more likely to have a birth attended by skilled health worker than a poor woman. Therefore, taking an action to address health inequities faced in these countries would save up to 700,000 women.

This research paper is focused on the role World Bank in Poverty Reduction, as the primary role of the World Bank is to enable development and progress in the backward countries and regions of this world. This paper explains the brief history of the World Bank, and World Bank’s five institutions. It also investigates how the World Bank is continually trying to reduce poverty by lending billions of dollars to poor countries .This paper gives some of the facts of the under-developed countries and the strategies which World Bank has incorporated to reduce the poverty in those countries.

Between 2003 and 2009, poverty fell from 22% to 7% in Brazil. In the same timeframe, income among the poor in Brazil increased seven times as fast as that of the rich. These results came, in large part, because of Brazil’s cash transfer program, Bolsa Familia which presented the country’s poorest households with cash transfers conditional upon meeting health and education standards for their children. Thanks to results like these, the world paid attention to CT programs and began to copy them, including in Africa. The results have been mixed but more hopeful than not. CT programs offer a qualified hope for African development provided that the programs have an adequate scope, proper accountability measures and institutional strength as seen through the case studies of Malawi and Nigeria.

Poor Economics offers a refreshing insight into the ongoing battle against global poverty in an understandable and reader friendly manner. Banerjee and Duflo begin the book with the assertion that when we see statistics regarding poverty, we have a tendency to ignore them and turn our attention elsewhere. The cause of this reaction is rooted in the belief that poverty is too big to fix, or rather, there is no definitive answer to ending poverty. Poverty, according to them, is much more than just being poor and hungry. Poverty is poor health, poor education, poor quality of life, and difficulty realizing ambitions (Banerjee & Duflo). Banerjee and Duflo have spent the greater part of the last two decades travelling to low-income countries to observe anything and everything related to poverty. Their research is presented in the book as an easy-to-read summary of their findings. It lacks all the fancy terminology and phrases used by economists that only confuse the public.