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Poverty

This document discusses poverty, defining it as a condition of having insufficient resources or income. It is a multi-dimensional phenomenon resulting from unequal distribution of wealth. Poverty can be measured through consumption, income, health, education and other social indicators. The causes of poverty include unequal wealth distribution, concentration of wealth, biased economic policies, cultural factors, debt, corruption, and unfair international trade policies. The impacts of poverty are wide-ranging, affecting living standards, social cohesion, development, health, and political stability. Solutions proposed include reforms, education, social programs, good governance, women's empowerment, population control, self-reliance, and poverty alleviation programs.

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saad ali
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0% found this document useful (0 votes)
209 views

Poverty

This document discusses poverty, defining it as a condition of having insufficient resources or income. It is a multi-dimensional phenomenon resulting from unequal distribution of wealth. Poverty can be measured through consumption, income, health, education and other social indicators. The causes of poverty include unequal wealth distribution, concentration of wealth, biased economic policies, cultural factors, debt, corruption, and unfair international trade policies. The impacts of poverty are wide-ranging, affecting living standards, social cohesion, development, health, and political stability. Solutions proposed include reforms, education, social programs, good governance, women's empowerment, population control, self-reliance, and poverty alleviation programs.

Uploaded by

saad ali
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOC, PDF, TXT or read online on Scribd
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POVERTY
Outline:-

 Poverty is a curse (Hadith)

 Poverty is the parent of revolution and crime (Aristotle)

 The line between hunger and anger is a thin line i.e. poverty
(Stein Beck)

I. Introduction

II. Definition

i. Condition of having insufficient resources or income

ii. A complex and multi dimensional phenomenon

iii. Unequal distribution of wealth or income and unjust sharing of fruits


of development

iv. World Bank – definition.

III. Keys to Measure Poverty

i. Consumption poverty  daily caloric intake 2350/day

ii. Economic and social indicators:

a. Per capita income

b. Poor living – H2O

c. Low literacy

d. Income inequality

e. Incidence of disease

f. High mortality rate and low life expectancy

g. Crime and adultry

iii. Absolute poverty less than $ 1/day

iv. Denial of opportunities in 3 key areas:

 Survival + Knowledge + Decent Standard of living

v. Poverty of participation

IV. Causes of Poverty

i. Unequal distribution of wealth, income and fruits of development –


segmentation - society

ii. Concentration of wealth into few hands

iii. Economic policies are biased in favour of privileged class


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iv. Cultural reasons

a. Feudal system nourishes poverty and prevents changes 


double edged impact

b. Women rights

v. Debt burden

vi. Poor governance

vii. Corruption  national character  sloth and lethargy

viii. Lag in technological progress

ix. Arm race – defence budget

x. Illiteracy

xi. International economic and monetary system

a. Globalization and free trade in disadvantageous to developing


countries – only skilled

b. west protectionism

V. Impacts of Poverty

i. Low living standards

ii. Social split  breeds crime, sectarianism, violence, terroristic


tendencies

iii. Prevent positive social change

iv. No progressive development

v. No research, education, economic activity

vi. Dependency upon borrowing  International Debt, IMF 


sovereignty at stake

vii. Violence thrives

viii. Social evils – prostitutions

ix. Mortality rates

x. Shady politico – economic system prevails and retains

xi. National character – corrupt

xii. National and international concerns

a. Terrorism

b. Extremism

c. Threat to world order


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d. War on terror

xiii. Stagnancy – everywhere

VI. Remedies / Solutions

i. Agrarian reforms _ tenancy reforms

ii. Participatory – government

iii. Investment in human capital  education and skilled labour –


awareness

iv. Creation of social safety nets

v. Labour protection

vi. Equal opportunities

vii. Pro poor sustainable economic growth, labour absorbing,


employment, generating

viii. Good governance / human governance

a. Accountability + eradication of corruption + role of civil


society

ix. Women empowerment in rural areas can be miraculous

x. Education and development go together

xi. Increase in development expenditures

xii. Knowledge – led growth

xiii. Sustainable use of national resources + judicious exploitation

xiv. Population stabilization strategies

xv. Self reliance

xvi. Political will

xvii. Globalization + regionalism

a. Technology transfer

b. Regional grouping to cope with economic hegemony

xviii. Poverty alleviation programmes

* SAP, Debt Relief, Agriculture credit, land reforms, self


employment, food supplement programmes, revamping zakat
system, micro credit banks – Greman Bank Bangladesh.

*******
(Altaf Hussain Ansari)

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