Global Working Poverty increases

We distinguish an absolute poverty and a relative poverty. Nevertheless, the people in this aspect are not able to afford the basic human needs (e.g. clean water, daily nutrition, health care, education,…;), so they are without a doubt poor.
From a historical point of view the industrial revolution diminished mass poverty; hence there is still a belief in many people´s mind that with appropriated economic growth poverty will disappear immediately.
There exist a few international organizations (World Bank, OECD, UN,…;) which give both recommendations and financial support to countries if necessary. Sometimes there even so big you cannot overlook all the actions in which they are involved.

So the question is, how do all the governments act that some countries are more blessed than others throughout the globalization.

It is obvious that the financial crisis which occurred in the recent time is also part of the problem. And it seems that labour productivity, working poverty is likely to have increased as well as poverty. Families live with less than USD 1.25 a day, what is unbelievable. Many people lost their jobs, but there is also a high percentage of workers were at risk of falling into poverty more easily than a few years ago. The largest potential negative impact is in South Asia, South-East Asia and Sub-Saharan Africa, where extreme working poverty may have increased by 9 percentage points or more in the worst case scenario. These estimates reflect that the fact that preceding the crisis, many workers were only just above the poverty line in these regions. In the case of Sub-Saharan Africa more than two-thirds of workers were at risk of falling below the extreme poverty line in the worst scenario.

So, how are we going to face this problems?

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2 thoughts on “Global Working Poverty increases

  1. This extreme poverty in the regions South Asia, South-East Asia and Sub-Saharan Africa are fastly growing problems. Because of the increasing of the economical power of Asia there’ll be soon more, bigger and stronger markets, which means more and more people have to work beneath cruel and inhuman condtions, just because of the matter of profit. Corruption, civil wars and black markets are going to prevent any improvement in Sub-Saharan Africa. In my opinion there won’t be a final solution: Asia is going to be to powerful and ambitious to influence and there is no sence in trying to influence Sub-Saharan Africa, because of uncontroled, violent, corrupt, selfish and unprofesional governments. There are two important things to do: First we have to help as much as we can in the country and second we have to keep the markets open to exchange values – so a movement against this aweful situation can grow under the folk itself.

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  2. In my opinion it is an absolute tragedy when people are not able to afford clean water or health care. I think that is nonsense to say that economic growth let poverty disappear immediately. If the economy is growing there will be no immediate change in the countries of poverty, because only the rich people get richer and it will take years to achieve that. One the one hand it is very good that there exist such organizations which are supporting these countries – such as UN, OECD etc., but on the other hand it is not clear where all the money goes to. Some countries still remain poor – perhaps more than others. To sum up, I think there should be more structure and supervision in dealing with the money which belongs to the poor countries.

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