poverty

(noun)

The quality or state of being poor or indigent; want or scarcity of means of subsistence; indigence; need.

Related Terms

  • World Bank
  • developing
  • loan

Examples of poverty in the following topics:

  • The World Bank

    • The World Bank's official goal is the reduction of poverty.
    • For the poorest developing countries in the world, the bank's assistance plans are based on poverty reduction strategies; by combining a cross-section of local groups with an extensive analysis of the country's financial and economic situation, the World Bank develops a strategy pertaining uniquely to the country in question.
    • The government then identifies the country's priorities and targets for the reduction of poverty, and the World Bank aligns its aid efforts correspondingly.
    • Explain the role played by the World Bank in reducing poverty
  • Mentor insights: the “Where the Rubber Meets the Road” spokes on the wheel

    • The shear numbers are impressive.1.2 billion people throughout the world live in extreme poverty.
    • The United Nations set the Millennium Challenge goal of eliminating extreme poverty by the year 2025.
    • How come I have never heard a sermon preached on the elimination of poverty?
    • None of them in the chains of poverty.
    • Microcredit was moving the mountain of poverty before my very eyes.
  • Negative and positive effects of globalization for developing country business

    • In much of Latin America, import liberalization has been credited with increasing the number of people living below the USD $1 a day poverty line and has perpetuated already existing inequalities (Watkins, 2002).
    • For example, the experience of the East Asian economies demonstrates the positive effect of globalization on economic growth and shows that at least under some circumstances globalization decreases poverty.
    • The spectacular growth in East Asia, which increased GDP per capita by eightfold and raised millions of people out of poverty, was based largely on globalization—export-led growth and closing the technology gap with industrialized countries (Stiglitz, 2003).
  • Additional costs that result from waste

    • em&_r=1&) When poverty is added to the mix these problems only intensify.
  • The International Monetary Fund (IMF)

    • The IMF describes itself as "an organization of 188 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty. "
    • It provides policy advice and financing to members in economic difficulties and also works with developing nations to help them achieve macroeconomic stability and reduce poverty.
  • Impacts of Productivity on Output

    • Nothing contributes more to the reduction of poverty, increases in leisure, and to the country's ability to finance education, public health, environment, and the arts.
  • Non-Bank Financial Institutions

    • Despite the importance of financial services for both poverty reduction and equitable economic growth, experts estimate that only five percent of low-income households around the world have access to such services.
  • Nonprofit Organizations (NPOs)

    • They delivers food, medicine, clothing and other necessities to individuals, children, and families who lack these essentials due to famine, war, poverty, or natural disasters (official web site description).
  • Political and legal risk in international business

    • High unemployment, widespread poverty, nationalistic pressure, and political unrest are just a few of the reasons that can lead to changes in policy.
  • Productivity

    • Nothing contributes more to reduction of poverty, to increases in leisure, and to the country's ability to finance education, public health, environment and the arts.
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