Poverty Between Rich And Poor Countries

Several developing countries are sunk in debt and poverty because of the arrangements of global establishments, for example, the International Monetary Fund (IMF) and the World Bank. Their projects have been vigorously reprimanded for a long time and have been constantly blamed for poverty. Moreover, developing countries have been in constant expanded reliance on the wealthier countries, despite the IMF and World Bank's claim that their main goal is to fight poverty (Shah, 2013). During recent decades, the poorest nations on the planet have needed to swing progressively to the World Bank and IMF for money related help, because their impoverishment has made it unthinkable for them to acquire somewhere else. The World Bank and IMF connect strict

Some problems associated with living in a neighborhood with a high percentage of the population living in poverty include increased crime rates, poor education, health problems and psychological distress. The concentration of people in high poverty neighborhoods magnifies the problems faced by the poor. This is because it leads to the concentration of the ills associated with poverty. Children in these neighborhood do not only lack basic needs but are also exposed to an hostile environment that holds numerous temptations and does not provide positive motivation (McConville & Ong, 2003). In addition, because schools are distributed geographically, children from high poverty neighborhoods attend the same schools and this result in low performance. This concentration also intensify the shift of the middle and higher income families away from these neighborhoods thus creating a gap between social needs and the financial base necessary to address these issues. The concentration of poverty is important because it has an impact on the distribution of income which might undermines the social fabric and may restrict opportunities for others (Jargowsky, 2003).

Individuals struggling to keep adequate shelter. Some may face challenges of seeking medical attention. Others have no access to jobs or schools. Some parents fail daily in providing food and water for their children. These are just a few sentences that describe poverty. If we closed our eyes and envisioned poverty, we think of children in the second-largest continent, Africa, standing around with no clothes or shoes on. We think of the kids looking mal-nutritious or with other sicknesses and flies flying around their faces but they are too weak to brush them away. We think of people with no education, no skills, or no ideas. These statements are far from facts. I will take you through the ongoing issue of poverty from a macro-level and show you how it can affect case management. Then I will take you through the case management process of trying to end poverty.

There are billions of dollars that developed countries give to the developing countries to say that they are helping the poor and that they are bring the poor countries up out of the dirt. But studies have shown that giving money alone does not help, it could actually make the country worse off. Foreign countries should not give money to developing nations because the developing countries become too reliant on the developed countries, it does not help the developing countries, and with money, comes corruption. The better way for foreign aid to work which is to give technological aid. A quote from Maimonides, “Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime.” This quote tells a tale of how society works and the importance of learning. This can be applied to a multiple of things like how a developed country needs to teach another country how to survive. The developed countries are just giving money and food instead of teaching the public about how to grow food and how to have a stable economy. Countries around the world that depend on foreign aid are now

“Income inequality has no necessary connection with poverty, the lack of material resources for a decent life, such as adequate food, shelter, and clothing. A society with great income inequality may have no poor people, and a society with no income inequality may have nothing but poor people” - Robert Higgs. When people think of income inequality they picture poverty and people not having basic necessities. However income inequality is not just a connection to the poor. Income inequality is strongly affected by education attainment, technology, and gender.

First, I will explain the role of empowered institutions and countries in limiting the economic activities of developing countries, impeding on their ability to survive. Afterwards I will explain the obligation people in privileged positions have to improve the lives of those in compromised positions, at a certain degree of self-sacrifices. Finally, I will critically analyze and disprove the counter argument, which attempts to relieve us of the aforementioned duties, by discrediting the roles of institutions and developed countries in the prolongation of impoverishment.

In the world today, it is the minorities that mostly have a difficult time where they have money issues and not have enough opportunities like being able to get an education. Everything in the world is about money. If you want or need something, you have to have money in order to obtain it. Yet this causes an issue for those who are low-income and does not get paid enough. Minorities are not able to have such an education where they will be able to afford and this causes them to not be educated as to learn how to help themselves. In order for minorities to escape poverty, there needs to be an understanding what it is that they possibly need and how the needs and wants can be better dealt with.

An innocent child begs her mother for food, a single tear running down her cheek. The fires of life that once filled the girl’s eyes slowly begin to fade. The mother embraces her child, tells her the pain will be gone within a few moments. As she holds her, she feels the warmth slip away; her little girl’s body becomes engulfed by empty coldness. So much could have been done to save that life, from local government support to foreign aid, yet not enough aid was given. And so, society is posed with the question of “How much aid should wealthy nations provide for developing countries?” This paper will look at the philosophy behind this question by analyzing two articles.

International development and underdevelopment are major issues in global society today. John Perkins’ book The New Confessions of an Economic Hit Man is a very critical account on the activities of private corporations such as MAIN and international financial institutions such as the World Bank and the International Monetary Fund and how many actions are based on self-interest, corruption and greed. The book does an exceptional job at giving us an insider’s perspective on why debt induced developing nations are in a constant state of underdevelopment from the corrupt actions of Economic Hit Men and their colleagues Jackals who deal with the dirty side of the business and political economics. Global economics and debt have

Socioeconomic status has been known to have a great effect on people. It’s a well-known fact that poverty and inequality affect the well-being and opportunities for families and their children. It is a common fact that people who have accumulated much wealth occupy the top echelons of society and enjoy almost all privileges brought about by their money and social status while the poor have little or no access to these privileges and are often marginalized in terms of education and social services. There are many forms of socio-economic inequality due to racial discrimination in Canada, for example some of the studies I mentioned in this paper show that a wage gap exists between White Canadians and other visible minorities. Despite pay equity

Poverty is visible anywhere and it happens everywhere, from the richest nations to the poorest. From the youth to the elderly, poverty can dramatically affect anyone. Some grow up in poverty, while others end up in it. Poverty has increased drastically over the years. The blame for the increased poverty has become an extremely controversial subject, as there are many contributing factors to spite each side. It is evident that it is the people in poverty themselves that is the underlying cause of it due to their insignificant will power and their choice to live off the government rather than working themselves.

This article informs the reader about Thomas Malthus population theory, he asked parliament for help believed that the population was increasing faster than the goods available. He stated that the population should be put in check to prevent and drastic growth. Malthus even concluded that if people wouldn’t control population then plagues and war would take care of it.

This then leads on to the idea of the deserving and undeserving poor. Many politicians believe that they should not be helping families which are getting more financial help from the government than families who are going out to work for a living, many politicians believe that people that are unemployed should receive every minimal help from the government and initiate and progress in looking for a job to support themselves and their families. However what these ideas do not support is the events that some family members who are in full time work are made redundant through no fault of their own, these are the families that should be entitled to more help than families who have no employment (Magazine, 2010).

Poverty in Developing and Less Developed Countries The world includes less developed countries and developing countries. Less developed countries are countries considered to be poor and often contain many people who are in absolute poverty. Developing countries are countries like India, which are gaining in wealth. There are two types of poverty within the world.

Harvard Business School’s Case Study “Aid, Debt Relief, and Trade: An agenda for fighting World Poverty” outlines the steps, and missteps, that the world community has taken since World War II to address the efficacy of international assistance. The study focuses on international financial institutions (IFIs) and their ability to help poor nations break out of poverty and the possible obligations of rich, developed countries to assist the heavily indebted poor countries (HIPCs). Additionally, the study seeks to see if this assistance has been and can be parlayed into growth and investment for the HIPCs.