The poverty rate in Afghanistan is 39% and this is due to the negative impact of the crisis triggered by the security and political transition. The decline in aid and growth damaged jobs, and the escalation of conflict further intensified the vulnerability of the Afghan economy. GDP per
The time period of which the book was written is the 1930’s and it was a quarrelsome time for race relations. During that period an economic slump, called the Great Depression, had affected many people’s lives as it was the most severe depression ever experienced by an industrialized country. Also factors like the Jim Crow laws and the 2nd Ku Klux Klan resulted in white people discriminating against blacks people. The Great Depresion is an important era in the United States’ history. In the 30’s, the complications that came along with the Great Depression affected the public severely.
The crisis had threatened the collapse of many other large financial institutions but was prevented by the bailout of banks by national governments. Nonetheless stock markets still plummeted worldwide. The downturn in the economic activities hence resulted in evictions, foreclosure of smaller banks and companies and prolonged unemployment worldwide. Impacts in the United
India’s government in the role of political instability and unequal opportunities is significant in the cause of poverty in India. When we take a quick glance at India, we see a country of growing wealth. India’s poverty has been a long going issue as their democracy continues to struggle with the corruption in politics. Even though India is advancing with their economic powers, the democratically elected government isn 't doing much to help with increasing poverty rates. In fact, high poverty rates are a direct result of political corruption in India.
Africa might be rich however most of its people live in abject poverty the government fails to provide them with basic services such as education electricity medical care. An example can be in case of South Africa where President Jacob Zuma build a R246 million home in Nkandla while his next door neighbours live in a shark. 10 corruption scandals that rocked South Africa (2017). Although Zimbabwe may be one of the poorest countries in the continent it is however one of the worst corrupt countries in the world. With President Robert Mugabe being in power since April 1980 till date.
Poverty is a stable companion of a large portion of the generalpopulation of Bangladesh because of some particular explanations behind which the rich are ending up richer and the poor are getting to be normally poorer.Bangladesh in the past known and East Pakistan won its freedom on December 16, 1971 after a long bloodshed and intense fight against Pakistan. Bangladesh is a poor developing country. Our country’s economy by incomparable poverty and resulting delinquencies high level of unemployment, low level of labor productivity, malnutrition, illiteracy, high capital scarcity and many more. In our country where more than fifty percent population live below poverty line and more then seventy five percent of them do not know how to write their
While poverty has been decreasing for many developing countries, poverty in Africa has been rising for the last forty years. Countries in Africa experience severe problems that are detrimental to its economy (Collier 16763). Zimbabwe, ranked one of the poorest African countries in the world, suffers from negative economic growth and worsening conditions of poverty (Alwang et al 1). Although poverty reduction was a top priority after British colonialism, efforts were ineffective and poverty continued to increase substantially. Economic decline in Zimbabwe derives from poor government policies and economic difficulties, such as droughts and the effects of implementing the Economic Structural Adjustment Program (ESAP) (3).
As the global population inches closer to 8 billion, there are still human inequality in every single country, and it leads to economic problems in society as well. It not only affects to small society, but also all around the world. South Africa is the country that obviously lacks of equality in race, rights, education, social status, especially in revenues. South Africa is the most unequal in income of the world according to the Gini index and the Palma ratio (Barr, 2017). There are several reasons that cause income inequality problem which are racism, poverty problems, and education.
This article deals with language use. It examines the conceptualization of terms relating to bribes and bribery in Kenya using conceptual metaphor theory (CMT). The giving of bribes is a form of corruption which is a big problem in many countries where the rule of law has failed. Gbenga (2007) posits that corruption has affected many developing countries, especially in Africa, causing the continent to be the most corrupt in the world. Kenya, a country in East Africa, has always performed poorly in Corruption Perception Index (CPI) surveys conducted by Transparency International.
The shipping industry is not immune from any recession and booming of the world economy. Therefor when there are incidents, negative or positive, that affecting the world economy there can be huge losses or profits in the shipping industry. In 2008 the world economy faced its most dangerous crisis after the previous Great Depression of the 1930s, when a huge home price in the United States turned decisively downward, first to the entire U.S. financial sector and then to financial MARKETS overseas. Share prices plunged throughout the world by the end of the year, a deep recession had enveloped most of the globe. As a result of the recession in the economy the exports and imports of goods and services decreased dramatically.