overseas banks, instead of spending on the poor. So, the government should take action to overcome this issue.
Debt services of developing countries' debt to banks and governments can limit government spending on the poor. For example, Zambia spent 40% of its total budget to repay foreign debt, and only 7% for basic state services in 1997. One solution to help poor countries has been debt relief. Zambia began offering services, such as free health care even while overwhelming the health care infrastructure, because of savings that resulted from a 2005 round of debt relief. (World Health Organization, 2007)
Another example is that the World Bank pressures poor nations to eradicate subsidies for fertilizer even while many of the farmers cannot …show more content…
For example, as of 2004, there were more Ethiopia-trained doctors living in Chicago than in Ethiopia. The government should take action to provide facilities and incentives for doctors to practice in their home countries. This can be done by promoting medical tourism and comprising compulsory government services for graduates of medical schools. (Wikipedia, 2007)
Controlling overpopulation
Overpopulation and lack of access to birth control leads to population increase which then exceed food production and other resources. In order to minimize this, both men and women should be educated about having more control of their lives which will then reduce overpopulation due to family planning. According to United Nations Population Fund (UNFPA), by giving better education to men and women, they can earn money for their lives and can help them to strengthen economic security. (Wikipedia, 2007)
Increasing personal income
Almost three quarters of the poor today are farmers, therefore raising personal income such as farm incomes can help to minimize poor. Estimates show that growth in the agricultural productivity of small farmers is at least twice as effective in benefiting the poorest half of a country's population as growth generated in non-agricultural sectors. (Wikipedia, …show more content…
For example, in Bolivia, it takes going through 20 procedures, paying $2,696 in fees and waiting 82 business days to start a business, while in Canada, it takes two days, two registration procedures, and $280 to do the same (Wikipedia, 2007). These barriers favor big companies and also they have to bribe government officials even for daily procedures. According to the World Bank, giving right to the land the poor live in can be a main tactic to reduce poverty. One main issue of this approach can be the security of tenancy and ensuring that the land transactions costs were low. Moreover, greater access to markets brings more income to the poor. But for this, road infrastructure has to be developed (Wikipedia,
Debt services of developing countries' debt to banks and governments can limit government spending on the poor. For example, Zambia spent 40% of its total budget to repay foreign debt, and only 7% for basic state services in 1997. One solution to help poor countries has been debt relief. Zambia began offering services, such as free health care even while overwhelming the health care infrastructure, because of savings that resulted from a 2005 round of debt relief. (World Health Organization, 2007)
Another example is that the World Bank pressures poor nations to eradicate subsidies for fertilizer even while many of the farmers cannot …show more content…
For example, as of 2004, there were more Ethiopia-trained doctors living in Chicago than in Ethiopia. The government should take action to provide facilities and incentives for doctors to practice in their home countries. This can be done by promoting medical tourism and comprising compulsory government services for graduates of medical schools. (Wikipedia, 2007)
Controlling overpopulation
Overpopulation and lack of access to birth control leads to population increase which then exceed food production and other resources. In order to minimize this, both men and women should be educated about having more control of their lives which will then reduce overpopulation due to family planning. According to United Nations Population Fund (UNFPA), by giving better education to men and women, they can earn money for their lives and can help them to strengthen economic security. (Wikipedia, 2007)
Increasing personal income
Almost three quarters of the poor today are farmers, therefore raising personal income such as farm incomes can help to minimize poor. Estimates show that growth in the agricultural productivity of small farmers is at least twice as effective in benefiting the poorest half of a country's population as growth generated in non-agricultural sectors. (Wikipedia, …show more content…
For example, in Bolivia, it takes going through 20 procedures, paying $2,696 in fees and waiting 82 business days to start a business, while in Canada, it takes two days, two registration procedures, and $280 to do the same (Wikipedia, 2007). These barriers favor big companies and also they have to bribe government officials even for daily procedures. According to the World Bank, giving right to the land the poor live in can be a main tactic to reduce poverty. One main issue of this approach can be the security of tenancy and ensuring that the land transactions costs were low. Moreover, greater access to markets brings more income to the poor. But for this, road infrastructure has to be developed (Wikipedia,