ipl-logo

Liberia Research Paper

1146 Words5 Pages

DEVELOPING COUNTRY ESSAY - LIBERIA

Liberia is a nation that’s was established in 1822 and is located in West Africa. Liberia has an area of approximately 111, 000 square meters and a population of four million residents. It is the home to over nine various ethnic groups with a number of different spoken languages. Liberia is a nation that is strongly affected by poverty and experiences a number of issues due to its financial status. The national poverty rate is 63.8%, while nations such as Australia have a national poverty rate of 13%.

ECONOMIC AND SOCIAL INDICATORS OF GLOBAL POVERTY

Liberia’s poverty levels can be clearly identified from their economic and social indicators.

Liberia’s total national GDP (gross domestic product) at the …show more content…

Due to high levels of poverty in Liberia, there is a large division between the socioeconomic classes. With a national poverty rate as high as 64%, there is a small portion of the population categorized as wealthy. This small portion of wealthy citizens have a large influence government choices and federal rule. This influence leads to corruption in government and often police. Even though corruption is still a big issue, it is greatly improving considering that in 2010, the nation was 24% free from corruption. Currently, Liberia is 33.8% free from corruption. This is a great improvement and hopefully the progress continues in future years. Below is a graph displaying the freedom from corruption in Liberia over recent years in relation to the global …show more content…

Currently, both the flat taxation rate and the corporate taxation rates are 25%. The government also receives taxation for property and goods and services. This low amount of money received in taxation has caused an extreme limitation in government spending. The government spending of Liberia is 31% of the national income and the tax burden is 20% of the national GDP.

Market Issues

The average tariff rate in Liberia is 10.4%. The government has enforced such a high tariff rate in order to restrict foreign investments. Due to poverty, the economy of Liberia is extremely vulnerable. Foreign investments have the potential to cause serious damage to the economy of the nation and have major consequences. This is why the government has places such high tariff rates to restrict such events from occurring.

Health

Show More
Related

  • Louisiana University Student Research Paper

    616 Words  | 3 Pages

    The University of Louisiana at Monroe has a diverse group of students, all of which are divided into different sub-cultures. Graduates are a group of students many people might define as responsible, mature, and even dedicated. They are slightly older than your average undergraduate student, and as a graduate assistant, many can be found in a professor’s class or office doing research. There are several types of graduate students with different cultural backgrounds. Focusing on the differences or similarities of the cultural dynamics between two graduates and how their upbringing prompted their academic choices.

    Read More

  • Similarities Between The Gilded Age Then And Now

    3328 Words  | 14 Pages

    During the Gilded Age, corruption was an ever-persistent problem, however, it is a continuing problem in the contemporary period as well. It is unfortunate that often times the politicians would be paid to have the wealthy’s interest take precedence over the needs of the less fortunate. This meant that decisions made by politicians were more about pleasing the wealthy elites than serving the greater good. Corruption might not be so obvious to some. It is not just seen obviously with politicians being paid off for their own agenda.

    Read More

  • Freedom Schools Research Paper

    259 Words  | 2 Pages

    Many white women worked in Freedom Schools established by SNCC, because of the danger they would have faced working in the field. Freedom schools were originally established to teach African American high school students lessons in history and other subjects, because the education they received from public schools was not very good. They originally had a curriculum, but it was hard to follow. SNCC volunteers were not teachers and did not know about every topic. One staff member said to the volunteers, “You’ll meet on someone’s lawn under a tree.

    Read More

  • Cote D Ivoire Case Study

    1223 Words  | 5 Pages

    The implications of stopping the use of child labour in the cocoa industry in Cote d'Ivoire spread far and wide, affecting the government, cocoa farmers, chocolate companies and children themselves. The UN's Food & Agriculture Organisation states that more than a third of the world’s cocoa is supplied by Cote d'Ivoire. Cocoa is the country's largest export, earning around 2.5 billion dollars in 2010. According to a report by Tulane University that investigated the 2013, 2014 harvest season, there were around 1,203,473 child laborers aged 5 to 17 in the cocoa industry, of which 95.9% were engaged in hazardous work. Stopping child labour in Côte d'Ivoire will improve children's education & health levels.

    Read More

  • African American History Research Paper

    223 Words  | 1 Pages

    African American history is the time of American history that involves the African American or Black American groups in the USA. Most African American’s come from African descent and were forcibly brought to and held captive in the United States of America from 1555 to 1865. Africans were captured in African wars and transported to be used as slaves. The first African slaves were brought to Virginia in 1619.

    Read More

  • Economic Influence Of Drug Trafficking In The United States

    1839 Words  | 8 Pages

    There has always been corruption, but because of drug

    Read More

  • Frank Serpico Film Analysis

    710 Words  | 3 Pages

    For example, the corrupted people can enjoy a better life but other is still get trouble on how to live a good life. The most dangerous effect of corruption is when judiciary is corrupted. Development, justice and civil society are based on law and justice, but in developing countries corrupted people uses law to justify their illegal behaviors. Otherwise, there are many cases that government officials cooperate with mafia in other developing countries.

    Read More

  • Raise Minimum Wage Research Paper

    1541 Words  | 7 Pages

    According to the 2015 Stanford Poverty and Inequality Report, poverty rates in the United States range from 24.3% in Mississippi to 8.8% in New Hampshire in the year of 2015. More surprisingly, since 2009, “95%

    Read More

  • Pursuit Of Happiness In The Glass Castle By Jeannette Walls

    1107 Words  | 5 Pages

    Pursuit of Happiness “The official poverty rate in 2021 was 11.6 percent, with 37.9 million people in poverty.” (Census Bureau). Homelessness, insufficient amounts of food, inadequate childcare. That means 11 of 100 people face the challenges of poverty every day.

    Read More

  • Causes Of Poverty In The United States

    1253 Words  | 6 Pages

    The United States ranked third in residents with earnings beneath the American poverty line. Furthermore, it is the highest of all countries partaking in the Luxembourg Income Study (LIS). Moreover, the rate of poverty is 13.6 percent in the United States whereas it is 8.1 percent on average with the rest of the participating countries (Smeeding, Rainwater, and Burtless 2000). The increase of poverty is caused by many economic factors. The United States saw a major increase in poverty between 2007 and 2010.

    Read More

  • Satire About Poverty

    1464 Words  | 6 Pages

    Poverty is universal but does vary within countries, even neighborhoods. According to society poverty is hunger, lack of shelter, not having the ability to see a doctor when necessary and limited education. In third world countries, it is very common for parents to conceive a high number of children as a source of labor. Not only do these kids frequently receive slight or no education, but large families in these countries are the main contributor to global overpopulation. These children are not privileged with the same basic opportunities given to an American child.

    Read More

  • 12 Angry Men: Movie Analysis

    827 Words  | 4 Pages

    Poverty and deprivation of many kinds is a very serious problem, not only in the United States, but also around the world. In a study in 2014, forty-seven million people living in the U.S. were considered to be in poverty; that is fifteen percent of its population . Poverty and deprivation is a serious topic that everyone should be aware of; if you are not aware of a problem,how are you going to fix it? You can find examples of this topic in almost every where; From books and movies to your everyday life. The most common known definition of poverty is economic poverty, but there is also social, emotional, and spiritual poverty and deprivation.

    Read More

  • Poverty In Asia Pacific Essay

    1689 Words  | 7 Pages

    Mainly the developing countries like: Nepal, Bhutan, Sri-Lanka, Bangladesh with some developed countries like China and India has facing poverty. As if compared to past decades, the rate of poverty has been declining gradually in the global. According to The World bank, in 2013, 10.7 percent of the world’s population lived on less than US$1.90 a day, compared to 12.4 percent in 2012. That’s down from 35 percent in 1990. (Leary, 2016).

    Read More

  • How Does Corruption Affect Society

    1017 Words  | 5 Pages

    In this paper the Corruption Perceptions Index (CPI) will be

    Read More

  • Argumentative Essay On Poverty

    795 Words  | 4 Pages

    Poverty is not only just in the U.S. its all over world. Poverty is lacking as such needs as cash, meals, water, clothing, or a home/saf place to stay. Accoding to The American economist Mollie Orshansky (1915–2006) poverty was known as the deprivation of "those goods and services and pleasures which others around us take for granted. " Poverty is a global problem, but there is much debate regarding how to define poverty and how to remedy

    Read More

More about Liberia Research Paper

Open Document