GLOBAL POVERTY

Authors Avatar

Global Poverty    

Running Head: GLOBAL POVERTY        

GLOBAL POVERTY

[Name of the writer]

[Name of the institution]

 

Global Poverty

        Poverty walks off beyond lack of income. It covers social, economic, and governance magnitudes.  Economically,  the  poor  are  not  only  dispossessed  of  income  and  assets,  but  of opportunities. Jobs and Markets are often complicated to access, because of low competencies and social and geographical exclusion. Limited access to education affects the aptitude of the poor to get jobs and to achieve information that could progress the quality of their lives (Neubert, 1999, 59). Poor health due to insufficient hygiene, nutrition and health services further limits their prediction for work and from realizing their physical and mental potential. This easily broken position is motivated by insecurity. Living  in  marginal  conditions  with  no  resources  to  collapse  back  on,  shocks  become  hard  or unattainable to offset. The situation is made worse by the structure of institutions and societies that tend to eliminate the poor from participating in decision-making over the path of social and economic development. (Davis & Weinstein, 1999, 377).The lives of poor public are most exaggerated by actions at the country level. Countries require getting on a pathway of sustainable, pro-poor growth that grants opportunities for all, a voice in decision-making and defence from shocks. Inclusive and broad-based growth, and accomplishing sustainable, opportunities need a sound macroeconomic framework. Policies that encourage low inflation, practical and stable exchange rates, realistic fiscal deficits, efficient integration into the global economy, and private sector activity, are all needed. Investments in the financial and physical assets of poor people are also essential sufficient schooling and skill development, preventive health care, secured nutrition, rural infrastructure and praise. Providing a voice in decision making means practicing the involvement of poor people in program and execution. (Neubert, 1999, 55)

        Accountability and Transparency contribute to a well-informed public dispute and result in better policies with wider support. Broad participation can help improve the management of public expenditures toward priority areas and avoiding unproductive spending, such as generalized subsidies and excessive military spending. Broad contribution may also guide societies to tackle issues of social and economic inequality that are obstacles to poverty decline. Providing social safeguard to the poor requires mechanisms to moderate the impact of national and local crises and to reduce vulnerability. These include subsidies targeted to the poor, public works and “food for work” programs, sustainable, well-designed pension, unemployment and social assistance programs, and severance payments to those lay off during civil service retrenchment or public enterprise reform.    

        At the international level, aspects such as globalization, the unpredictability of commodity prices, the accessibility of knowledge, and flows of official and private capital have a dominant impact on poor countries and their capability to reduce poverty. Highly developed countries have a significant role to play in contributing directly to the battle against poverty, as well as all the way through the role they play in international organizations. (Neubert, 1999, 67)  

        Actions are needed to guarantee that opportunities for poor countries are extended. Industrialized countries should struggle to continue stable global economic growth to provide  the demand conditions for developing countries and to open their markets more absolutely to  imports from developing countries (especially in labour-intensive manufacturing, agriculture and  services), within a rules-based trading structure. Contributor countries should struggle to increase aid flows to the poorest countries and to inclusive financing for the enhanced HIPC initiative with aid increasingly embattled at country-driven, poverty-oriented programs (Davis & Weinstein, 1999, 389).

The international community should provide enlarged support for international public goods, notably for study and dissemination of vaccines for transmissible diseases such as TB, HIV/AIDS, and malaria.  It should also support with agricultural advances for tropical and semi-arid conditions. The private sector and research institutions also have a fundamental role to play in devoting aptitude and resources to solving the problems facing poor countries. Measures are needed to promote global financial and economic constancy and help poor countries compact with shocks. Working jointly with governments and the private sector, the International Financial Institutions play a key role in intensification the international financial architecture to reduce instability, and to provide mechanisms for supervision financial crises when they occur. The international community should also maintain to search for ways to prevent armed conflict, and support countries emerging from rivalry. This calls for extensive financial and technical assistance for demobilization, demilitarization, and rehabilitation, and the restoration of domestic institutional competence. (Davis & Weinstein, 1999, 407)

Join now!

        The industrial countries more need to ensure greater consistency and transparency in their own policies on arms sales.  Actions are also required to make powerful poor countries. Development support and debt liberation must be provided in ways that strengthen ownership and effectively help poor countries help themselves. Supporter countries are more and more linking all their assistance to country-driven strategies to condense poverty, developed with the engagement of civil society, private sector agents, NGOs, donors, and the international community. Poor countries should be given more of a voice in international forums to make sure that international priorities, agreements and standards ...

This is a preview of the whole essay