HAPPY

Topics: Poverty, World Bank, United Nations Pages: 3 (1986 words) Published: October 28, 2014

Title: Why is there poverty and can it be completely removed? In this session the concept of poverty will be discussed, the problems we have in measuring it, its causes, and policy responses to it. Over the last several decades’ years, the poverty is undoubtedly considered as one of the most serious problems in the world, even though there has been a rapid development of the economy in some developing countries such as China and India. The relation between poverty and the development of the economy is complex and the poverty has become a cosmopolitan issue. In general, due to the theory of economy, poverty consists of the low level of the economy, society and culture phenomenon. To some extent, poverty has an expression of inequalities, which arose because of the low level of welfare that people have in certain parts in the world. Although the fact that most of people have lived in developed countries, a few of them still suffer from poverty . Thus, it is clear to know that poverty is not the exception, which has been become the rule in the world. In addition, many wars in the history were caused by the poverty. Because of the war, the gap between poor countries and rich countries are becoming wider and wider. On the contrary, with the development of the economics and society, the problem of poverty has decreased at the end of WWII. The organizations of globalization has contributed a lot to help poor countries, for instance, the World Bank and IMF. This essay will introduce the concept of poverty and the two types of poverty which are absolute poverty and relative poverty. It will then turn to the problems in measuring the poverty, followed by the reasons why the poverty exists and the responses that the policy have to this issue. In the first place, the poverty is seen as an economy and society phenomenon. As a matter of the fact, the concept of the poverty means being deprived of the necessities of life; that is, lacking sufficient food, shelter, fuel and...
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