In Liberia, a study noted that 7 out of 10 people had to pay bribes to access basic healthcare and schooling amenities. This type of corruption is widespread across the continent, and leads to larger types of corruption which leaves the rich annoyed, but the poor even poorer and dismayed. So, in these African nations, getting a place at a good school, getting permission to build on land you own, starting a business all require paying different people off. Even though it is source of income for the people at the receiving end of these bribes, the nation as a whole suffers, as the amount of taxes received by the government goes down proportionally. Hence, government spendings also get cut down which limits the growth of a
Rising income inequality is considered as a global issue. Over the last ten years, median household income has declined in many advanced economies that resulting median household easily trapped in the risk of falling into poverty. Based on the research, we found that the average income of the richest 10% of the population is higher nine times higher than that of the poorest 10%. After 20 years, some countries have developed the advanced technology to improve the productivity of 30% in industries sector. However, there would also 50% worker will encounter the risk of displaced.
Over the past decade, poverty has been an issue that affects communities but, have we asked ourselves what poverty means? According to World Health Organization approximately 1.2 billion people in the world live in extreme poverty (less than one dollar per day). In fact, the poverty forms in many patterns or disappears behind lots causes; however, it is difficult to restrict the poverty in single definition especially when it associated with the health. On the other hand, poverty is influenced by financial, economic, political and social factors which contribute interchangeably to raise the poverty lines in some countries. Therefore, poverty causes ill-health because it forces some people to live in the worst environments and conditions and
First of all, from financial crisis to the economic level, a direct impact on exports. In the field of economic upheaval brought people psychological change, they are increasingly losing a sense of security. John Lipsky (2008) said, “it is conceivable that the harm of it how much deep is the people of the world must face a major challenge”. The financial crisis has a direct impact to the individual life. Inflation, business failures, economic difficulties to reduce people's ability to pay, this not only makes the increase in the number of people cannot afford the mortgage,
They are also more likely to become part of the prison poverty cycle. Poverty spreads at an exponential rate as does its effects on those not directly effected by poverty. Research shows the extreme negative effects poverty has on those who suffer from it and those who surround them. Systems have been put in place to help those who suffer from poverty, but the systems are flawed. Not enough is being done to help those effected directly by poverty and everyone suffers because of it.
The question whether poverty breed violent conflict or violent conflict cause poverty is very complex and difficult to answer. Many scholars have different views. Some are in the favor of poverty led violence other having different opinion. This phenomenon is interlinked. In some situations, poverty and under development is caused by violence and on the other hand violence is been the main source of destruction of poverty and underdevelopment .It is observed that those people who live in poverty and belong to poor class are more prone to violence.
In other words, the older the individual, the higher chance of becoming poor. Across OECD countries, the elderly poverty rate is 11.2 and 14.7 for age group of 66 to 75 and over 75 years consecutively. The oldest-old, the elderly of age 80 and above are the most likely to be suffered from poverty because hey are less capable of working than the other old age (United Nations, 2015). Another striking point is that the oldest-old, the most vulnerable group, is growing at a faster pace than the overall old age group. This shocking fact has raised a concern for the government to prevent the severe old age poverty.
Some people of the lower class of the society even beg for food in front of others. Pakistan positions 136 in Human Development Index (HDI) out of 177; the state has spent through billions in making the atomic bombs yet is not able to give essential necessities of life to its kin. More than 66% of the populace gains short of what $2 a day. More than a large portion of this is not able to procure even $1 a day, particularly those living in towns as they frequently act as reinforced workers. The gap among rich and poor extends step by step.
This creates low social mobility because children raised in poverty are more likely to be poor as adults. Each year, child poverty reduces productivity and economic output by about 1.3 percent of GDP, raises the costs of crime by the same, and raises health expenditures and reduces the value of health by 1.2 percent of GDP (Holzer etc). These figures do not include the costs from poor adults who weren’t poor as children and other costs not associated with low productivity, crime and health. “When adults are unable to meet their full potential in society, they contribute less productively to the economy” (Five Effects of Poverty). In short, if fewer people were in poverty and more were employed, the economy would benefit
When you make a list of problems a country faces, poverty is usually on the top half of that list. The economy of a country is like a human body, if there is a problem in one part, example, if you have a fever, you will get a headache, your body would be exhausted, you would probably have a blocked nose and a scratchy throat too. Same goes with poverty, when a countries poverty level is high, people do anything they can to get money. Whether its Prostitution or even joining a terrorist organization just to provide for themselves or their families, rob someone or kill someone. People would do anything to survive and that’s not all the poverty brings to the table, death rate of the country also rises, literacy rate decreases, etc.