Global
Causes of World Poverty
CAUSES OF WORLD POVERTY
Causes of world poverty. It seems unreal to most of us to live on less than $2.15 a day. the most recent World Bank data indicates that it is the reality for almost 700 million people worldwide. Approximately 8.5% of people on the planet are now living in poverty.
CAUSES OF WORLD POVERTY
1. Inequity
Concern’s fundamental view of poverty is that it is a result of both danger and inequality. The idea of inequality is sufficiently simple to comprehend: It is the result of one group having fewer resources and rights due to a characteristic of their identity e.g., gender, caste, ethnicity, ability.
2. Conflict
The biggest risk factor for putting an individual or family into poverty is conflict. An otherwise healthy economy might come to a complete standstill due to extensive and prolonged crises. Ten percent of Syrians were living below the poverty level before the conflict and the humanitarian disaster that followed started in 2011.
3. Malnourishment and hunger
It’s a vicious cycle where hunger is a major contributor to poverty and poverty causes hunger. A person will not have the power and energy necessary to work if they don’t eat enough. As a result of malnutrition, their immune system will deteriorate, making them more vulnerable to illnesses that will hinder their ability to work. If they require continued treatment or a visit to the doctor, they can also incur further debt.
4. Inadequate medical facilities
particularly for women and kids’ Extreme poverty and bad health are closely related to the impacts of hunger, as we have seen above. Easy-to-prevent and treat diseases like respiratory infections, diarrhea, and malaria can be deadly in nations with inadequate health systems. Particularly for small children.
5. Epidemics and public health emergencies
Living in a nation where people lack access to basic healthcare is one thing, but what would happen if a pandemic or serious epidemic struck? Liberia and Sierra Leone saw GDP losses of 3.4% and 3.3%, respectively, during the first year of the West African Ebola outbreak, according to World Bank estimates. When these losses were added to Guinea’s 2.1% loss, the total came to around $1.6 billion.