Poverty: Its Causes and Solutions (original) (raw)

Poverty: A Challenge to Manage

Poverty is the inability to secure the minimum consumption requirements of life. The purpose of this study is to find the major causes of poverty and how some measures can be effective to manage and resolve this problem. There are number of causes for poverty but in the modern context the main cause is socioeconomic inequality that may be based on discrimination of income level, government corruption and exposure to natural calamities.

Poverty: A Socio-economic Disease and Causative Agent of Numerous Socio-economic Diseases

2017

The overall objective of this paper is to point out that poverty is a disease as well as a host to many social economic diseases. A navigation through the literature reveals that despite reported mixed findings of the effect of poverty on some socio-economic problems, it is still one of the leading causes of such problems. Thus, the need to channel a lot of resources and efforts towards combating it becomes compelling for two broad reasons. First, tackling poverty properly will indirectly reduce many vices confronting both developing and developed countries. Such problems include, but not limited to terrorism, robbery, corruption, social unrest, among others.Second, it is economically rational to commit adequate resources to tackle poverty now with a view to indirectly conserving resources for future development projects

Poverty Alleviation And National Development:Prospects And Challenges

2008

This paper attempts to explain the concept of poverty and the root causes of poverty in 'our society. The major focus is identifying the basic strategies for poverty reduction. The research investigation identifies among other things; the role of government, international and other donor organizations in alleviating poverty from our society. The contributions of entrepreneurial development as a vital tool for pqverty eradication were also studied coupled with an in-depth review of the fives basic factors of poverty. It was discovered that ignorance, disease, apathy and ot~ers, if properly handled and addressed will go a longer way in solving the issue of poverty which has eaten deep into the fabric of our society.

Working Paper 5: Poverty and corruption

Basel Institute on Governance Working Papers, 2008

The Millennium Development Goals were adopted by the global community under the aegis of the UN in 2000. The first of these goals aims at halving absolute poverty of the about 1.1 billion people who live on less than 1 US dollar a day. Although poverty reduction has always been an important concern of development policy, the Millennium Development Goals have brought it back onto centre stage with renewed vigour, in that joint efforts to reduce poverty worldwide has become a moral as well as financial obligation of the global community. Just a glance at the global development indicators reveals how urgent the renewed efforts to fight extreme poverty, especially – and not surprisingly – in least developed countries. According to the UN statistics the number of persons living in extreme poverty has decreased slightly between 1990 and 2001; but it is still estimated that worldwide still approximately one billion people live on less than 1 US dollar a day.

Understanding Poverty: Causes, Effects and Characteristics

Interim : Interdisciplinary Journal, 2014

The aim of this article is to examine the concept of poverty in terms of definition, types, causes, determinants and indicators. The relationship between inequality and poverty is also visited. The absolute and relative approaches to the definition of poverty are examined. Poverty is defined as the inability of individuals or households to attain sufficient resources to satisfy a socially acceptable minimum standard of living. Characteristics which determine poverty include individual, community, household and regional characteristics. Lack of access to basic services such as dwelling, electricity, water and sanitation was found to aggravate poverty. Socioeconomic factors such as unemployment, education level, gender, income and household size also affect poverty. Causes, determinants and types of poverty must first be understood before poverty can be alleviated. Poverty remains a problem in South Africa twenty years after the transition to democracy. This article is thus intended to provide the public, politicians and policy makers with a better understanding of the word "poverty" and, therefore, help alleviation of poverty.

AN INQUIRY INTO THE CAUSES AND CONSEQUENCES OF POVERTY

This paper delves into the causes and consequences of poverty with special reference to India. Despite great advances in other sectors the global community has failed to tackle the syndrome of poverty for hundreds of years.

Poverty: A Review and Analysis of Its Theoretical Conceptions and Measurements

2013

Poverty is an undesirable and intolerable state of affairs which is considered as a social, economic, political or psychological problem. The word suggests that individuals or groups who are in poverty have to be helped to change their conditions. The reduction or eradication (if possible) of this poverty problem has now become the primary focus of the socio-economic development polices of developing world governments. There is therefore the need to have a yardstick to identify the poor, tools to measure the depth of their poverty which will then assist policy makers to assess their policy impact. This paper which forms part of a literature search and review of poverty for the author’s PhD Thesis attempts to do just that. It first puts poverty in context and considers it as the absence of well-being. It explains the phenomenon and thereafter provides analysis of a wide range of measurements both qualitative and quantitative. How to use these measurements are then explained.

Dynamics of Poverty in Developing Countries: Review of Poverty Reduction Approaches

Journal of Sustainable Development, 2013

The term poverty has been described in different ways throughout the world due to its multidimensional nature. Whereas some countries and geographical regions view poverty as deprivation, others are concerned with social exclusion and inequality in resource distribution. Despite the differences in poverty interpretations, many countries in the developing world have adopted universal poverty reduction approaches over the years. This paper analyzes the conceptual underpinnings of poverty focusing on its evolution, the multidimensional definitions, and poverty reduction efforts implemented over the past 50 years. Using secondary data analysis, the paper reveals the universal approaches to poverty reduction have yielded few successes, and recommends that poverty should be viewed as a global phenomenon but tackled at the local level using local indicators. To achieve sustainable development, developing countries should focus on meeting the basic needs of their inhabitants and be committed to ensuring stable political and economic environment.

Poverty reduction and Governance

studies, again under the auspices of the UNDP/HDRO, of the importance of privatisation and markets, of liberalisation, of NGOs. These studies spanning the 1990's have shaped the new approach to governance as the crucial tool for poverty reduction. [Details of the Occasional Papers are in the Bibliography.] The top down logic of early development efforts has to be recast to take account of additional dimensions: Accountability and transparency in government's transaction with its citizens Need for devolving and decentralising power to allow for a participative approach to policy making Inclusion of non governmental structures representing the community's private and collective lives Enhanced Understanding of the Role of Markets in facilitating job creation and income generation, in reducing rent seeking activities and similar distortions to resource allocation Harnessing the energies of the poor who are self organising to fight their own poverty as part of their daily lives.