Causes Of Global Poverty Essay

To attract investment, poor countries enter a spiraling race to the bottom to see who can provide lower standards, reduced wages and cheaper resources.This has increased poverty and inequality for most people.These can be leaders of rich countries or other global actors such as multinational corporations, institutions, and influential people.

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Read “Food Dumping [Aid] Maintains Poverty” to learn more. Food and agriculture goes to the heart of our civilizations.

Religions, cultures and even modern civilization have food and agriculture at their core.

Read “Structural Adjustment—a Major Cause of Poverty” to learn more. Around the world, in rich or poor nations, poverty has always been present.

In most nations today, inequality—the gap between the rich and the poor—is quite high and often widening.

The amount the world spends on military, financial bailouts and other areas that benefit the wealthy, compared to the amount spent to address the daily crisis of poverty and related problems are often staggering. Cutbacks in health, education and other vital social services around the world have resulted from structural adjustment policies prescribed by the International Monetary Fund (IMF) and the World Bank as conditions for loans and repayment.

Causes Of Global Poverty Essay

Some facts and figures on poverty presented in this page are eye-openers, to say the least. In addition, developing nation governments are required to open their economies to compete with each other and with more powerful and established industrialized nations.For an issue that goes to the heart of humanity it also has its ugly side. We often hear leaders from rich countries telling poor countries that aid and loans will only be given when they show they are stamping out corruption.This issue explores topics ranging from the global food crisis of 2008, to issues of food aid, world hunger, food dumping and wasteful agriculture such as growing tobacco, sugar, beef, and more. While that definitely needs to happen, the rich countries themselves are often active in the largest forms of corruption in those poor countries, and many economic policies they prescribe have exacerbated the problem. Through tax havens, transfer pricing and many other policies — both legal and illegal — billions of dollars of tax are avoided.The poorest people will also have less access to health, education and other services.Problems of hunger, malnutrition and disease afflict the poorest in society.Poverty is the state for the majority of the world’s people and nations. Is it enough to blame poor people for their own predicament?Have they been lazy, made poor decisions, and been solely responsible for their plight? Have they pursued policies that actually harm successful development?Many poor nations are dependent on farming, and so such food amounts to food dumping.In the past few decades, more powerful nations have used this as a foreign policy tool for dominance rather than for real aid.Such causes of poverty and inequality are no doubt real.But deeper and more global causes of poverty are often less discussed.


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