Poverty Around The World : Poverty Essay
The number of people who survives on less than $1.25 per day is about one billion. This is astonishing, because the advancement in technology and scientific discoveries has contributed less in the reduction of poverty across the World.
Poverty is a relative term, and different people and societies have different standards to measure poverty. However, the most common and agreed definition of poverty is that, it is the lack of money to sustain a healthy life. Hunger, no access to basic health facilities and the lack of shelter/house are the most crucial and basic meanings of extreme poverty. Global poverty is not the result of a single factor, rather there are many factors which caused it, and are constantly contributing to it. Global governance, demographic, social and environmental factors are some of the common causes of global poverty. In addition to that, the debt of nations is indeed the most contributing factor in the sustenance of global poverty.
Global governance has a major role in the global poverty. Political system has a much more relevant role in this regard. There are around 196 countries in the World, and they have different political system. Not every country in the world follows the democratic principles; rather some are autocratic, communist and even dictatorships. The lack of uniformity in the local political system, constrains consensus over the principles and regulations of global governance. The existence…