Poverty reduction

loans. IMF approved USD$602 million loan to Ghana in 2009 to support its stabilization programs for a three year period. The support of the loan forms part of the IMF Extended Credit Facility (ECF) which was created under the newly established Poverty Reduction and Growth Trust (PRGT). The ECF according to the IMF succeeds the PRGT as the funds main tool for providing medium term support to low income countries. The main goal of the program is to eliminate Ghana’s large fiscal imbalance by 2011…

Homelessness and Poverty Homelessness is defined the unavailability of a fixed and regular night time living place. There is no definite definition of homelessness. Homelessness lies somewhere between having no specific place of residence, roofless houses and residence in bad housing setting (Bhugra). According to the stipulations of the millennium development goals, a person is considered poor if they live below $1 per day (Abdulai and Shamshiry). However, the lack of a permanent place of…

about his visit to the village of Gulvera in Lahore, Pakistan, while on a World Bank trip. He describes the poor infrastructure, facilities and all the other factors which have been responsible for the major chunk of world population still living in poverty through the example of Gulvera.…

the population as a whole within the context of a dynamic multi faceted development process” (Midgley, 2014) According to the World Bank report of 2009, Social development mainly looks at the needs of the people first in the process of development. Poverty, to be specific, is not just about low income it’s about susceptibility, institutions that aren’t accountable, powerless institutions and exposure to violence. (World Bank, 2006) There is an increased emphasis given to democracy and…

Poverty is a serious issue in Uganda. The hungrier a person is, the less productive he or she can be. Children that are born in the families who are always hungry are more likely to suffer from low birth weight. People are not hungry due to lack of food, rather they are hungry and do not have the money to pay for food. The houses they live in do not suit their living conditions. Every day, thousands of people die simply because of poverty. In many African countries, one major reason is the…

investigation of 51 African countries. Second, an individual country-level examination of Nigeria is carried out. The Large-N analysis uses aggregate data to study the effect of globalization on poverty. The within-case analysis of Nigeria’s uses micro-level data to evaluate globalization’s influence on poverty. The unit of analysis is the country year. The sample size is 53 African countries, with a period from 2002 to 2012. The explanatory (independent) variable is globalization. The KOF…

Poverty and dropout rates have shown that poverty and the lack of an education deeply affect the lives of many children, and unfortunately, the majority of the time children have no control over these issues that arise in their childhood. Poverty has put children’s lives at risk, causing many damaging issues that affect their health both physically and emotionally. Poverty is the stem of multiple issues, some of which include malnutrition and evictions. It accumulates all of these varying…

Poverty around the World Introduction: 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…

amazing national parks, it is not enough to save them from extreme poverty and hunger. Central African Republic (CAR) current population is about 4,737,423 but has tremendously decreased over the years because many of the people who live in Central Africa have died of hunger. Due to lack of education, poor agriculture, and malnutrition Central Africa suffers from extreme poverty and hunger. One of the factors that cause poverty in their country is the lack of education. By not having the…

citizen are living below the poverty line because the current minimum wage has not sustained with the increasing cost of living.…