presentation poverty economics

8/3/2019 Presentation Poverty Economics

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Marissa

Monica Rai

Navdip KumarRahul Agarwal


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Poverty is the worst form of violence Mahatma Gandhi

Poverty is like living in jail, living under bondage, waiting to be free

Poverty is not just low income; it is also high child mortality, low life

expectancy, adverse working conditions, etc.

Poverty is the result of economic, political and social processes thatinteract with each other and frequently reinforce each other in

ways that intensify the deprivation in which poor people live in.


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Almost half the world over 3 billion people live on less than $2.50 a day.

At least 80% of humanity lives on less than $10 a day.

The poorest 40 percent of the worlds population accounts for 5 percent of global

income. The richest 20 percent accounts for three-quarters of world income.

According to UNICEF, 26,500-30,000 children die each day due to poverty

Number of children in the world- 2.2 billion; Number of children in poverty- 1

billion (every 2nd child)

For the 1.9 billion children from the developing world, there are: 640 million without adequate shelter (1 in 3)

400 million with no access to safe water (1 in 5)

270 million with no access to health services (1 in 7)

China has been most successful in reducing poverty, with the numbers falling bymore than 600 million, from 835 million in 1981 to 207 million in 2005.


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The GDP (Gross Domestic Product) of the 41 Heavily Indebted Poor Countries (567

million people) is less than the wealth of the worlds 7 richest people combined.

In 2005, the wealthiest 20% of the world accounted for 76.6% of total private

consumption. The poorest fifth just 1.5%.


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Benefits

Increased jobs

Cheaper consumption

Opportunity for education

Losses

Workers are displaced

consumer pay more

DoesGlobalization

Help?

DoesGlobalization

Help?

PovertyReduction

PovertyReduction

GlobalizationGlobalization

InvestmentInvestment EducationEducation

GoodGovernance

GoodGovernance


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Greater openness to international trade has a +ve effect on the countrys per-capita income

International Trade EnablesInternational Trade Enables

Better use of resourcesBetter use of resources

Allow import of capital equipment & intermediate inputsAllow import of capital equipment & intermediate inputs

Intense CompetitionIntense Competition

Awareness of new foreign ideas & technologyAwareness of new foreign ideas & technology


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Wage Rate Determination

Capital Prices

Determinants ofResource Prices and

Employment

Determinants ofResource Prices and

Employment

Price received from resources

Quantity of resources

Determinants ofIndividual or Family

Income

Determinants ofIndividual or Family

Income

Distribution of resource ownership

Prices paid for different kinds ofresources.

Determinants ofIncome Distribution

Determinants ofIncome Distribution


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Dont import goods produced in or by child laborDont import goods produced in or by child labor

Subsidies to agriculture in rich countriesSubsidies to agriculture in rich countries

High Tariffs on Poor-Country ExportsHigh Tariffs on Poor-Country Exports

Trade Policies Meant to HelpTrade Policies Meant to Help


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TradeTrade

Work &Globaliz

ation

Work &Globaliz

ation

War orConflictWar orConflict

DebtDebt

HealthHealth

Food &Educati

on

Food &Educati

on

Environment

Environment

LandLand

GenderGender


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Food Poverty refers to household level hunger.

It is defined as the house holds in food poverty do not have enoughfood to meet the energy and nutrient needs of all of their

members.

CausesCauses

Foodshortage

Foodshortage

Socialdisplacem

ent

Socialdisplacem

ent

Macro-economicpolicies

Macro-economicpolicies

Structuraldisplacem

ent

Structuraldisplacem

ent

Socialdimension

s ofadjustmen

t

Socialdimension

s ofadjustmen

t


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Access to landAccess to land

EmploymentEmployment

Price & WagesPrice & Wages

KinshipKinship

Migrant RemittancesMigrant Remittances

AccessibilityAccessibility

AvailabilityAvailability

AffordabilityAffordability

AwarenessAwareness


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GovernmentGovernment

Financial aid

Tradeliberalization

BusinessBusiness

Charitablegiving

Foreign directinvestments

IndividualIndividual

Nongovernmental organizations


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Global Poverty ReliefGlobal Poverty Relief

Generatingincome and

investment

Generatingincome and

investment

Creating

jobs

Creating

jobs

Developinghuman

resources

Developinghuman

resources

BuildingLocal

Business

BuildingLocal

Business

Spreadingresponsibleinternational business

standardsand

practices

Spreadingresponsibleinternational business

standardsand

practices

Supportingtechnologydevelopme

nt andtransfer

Supportingtechnologydevelopme

nt andtransfer

Establishingphysical

andinstitutiona

linfrastructu

re

Establishingphysical

andinstitutiona

linfrastructu

re


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PromotingOpportunity

Encourage privateinvestment

Expand into internationalmarkets

Build assets of the poor

PromotingOpportunity

Encourage privateinvestment

Expand into internationalmarkets

Build assets of the poor

FacilitatingEmpowerment

Lay the basis for inclusivedevelopment

Creating publicadministration for growth& equity

Promotingdecentralization &community development

Promoting gender equity

FacilitatingEmpowerment

Lay the basis for inclusivedevelopment

Creating publicadministration for growth& equity

Promotingdecentralization &community development

Promoting gender equity

Enhancing Security

National programs toprevent & prepare formacro shocks

Design pro-poor social riskmanagement

Address social conflict

Tackle the HIV/AIDSepidemic

Enhancing Security

National programs toprevent & prepare formacro shocks

Design pro-poor social riskmanagement

Address social conflict

Tackle the HIV/AIDSepidemic


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presentation poverty economics

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