Poverty alleviation

Nigeria has the chance to build a society that can guarantee justice, human dignity and civil liberties to all Nigerians.

Poverty alleviation

Factors included more market income in the top percentages, a larger increase in wage rates for those at the top, increases in corporate pay, the expansion of technology disproportionately benefiting those at the top, increasing pay for those working in the financial and legal professions, the expansion of financial services, etc.

As a result of that uneven income growth, the share of total after-tax income received by the 1 percent of the population in households with the highest income more than doubled between andwhereas the share received by low- and middle-income households declined….

The share of income received by the top 1 percent grew from about 8 percent in to over 17 percent in Inthe top 1 percent received about the same share of income as the lowest income quintile; bythe top percentile received more than the lowest two income quintiles combined.

In a short follow-upKrugman adds that the change in income share in that period shows that just about all of the redistribution has taken place from the bottom 80 to the top 1.

Noting that around the world there is a new global working wealthy dominating the new global elite, an earlier New York Times article notes for the US that the gap [in the US] between the super rich and everybody else is now greater than at any time since before the Depression of the s.

Furthermore, The richest one-hundredth of 1 percent of American families — about 15, — accounted for less than 1 percent of national income in Bythe figure was 6 percent, according to Tyler Cowen, an economist at George Mason University outside Washington.

That difference translates into hundreds of billions of dollars. Countries like Russia have been seen as having an oligarchical structure. But for a while many have talked of countries like the US also showing similar patterns. And so a long-time concern is that a lot of this increased concentration in wealth is not just from successful business practices, but collusion, corruption and undue influences: The generous government bailouts of United States financial institutions prompted Simon Johnson, a professor of economics at the Massachusetts Institute of Technology, to compare American bankers with emerging-market oligarchs.

Poverty Alleviation Fund, PAF, Nepal Governed by Poverty Alleviation Fund Act The services include all artisans, technicians, and transport, all or which cater for farmers requirements. The present trend of advancing small loans to those categories of artisans and technicians, does not resolve the issue, as in rural areas all artisans and technicians work less than normal hours each day, due to lack of work and they are part time unemployed in disguise.
Disclaimer Poverty Alleviation through Sustainable Development Author: Dr Eureta Rosenberg Article Type:

In an article in The Atlantic magazine, which he later expanded into a book, Mr. Johnson wrote that American financiers had pulled off a quiet coup. They have largely pulled away from their compatriotseven in more egalitarian countries, such as Germany and various Scandinavian countries, while those already with large inequality in emerging developing countries are getting more unequal too.

An analysis of over 43, transnational corporations TNCs has identified a relatively small group of companies, mainly banks, with disproportionate power over the global economy. The problem with such super concentration is that a small minority can influence the world system disproportionately — what is good for them is not necessarily good for everyone else, for example.

In addition, given the enormous position in the world system, a problem in just a handful of them can, and have, had a terrible effect on the rest of the economy as the current financial crisis has shown.

Adam Smith, who was amongst the first to argue for free markets, had also warned against the impacts and undue influences of such concentration, but it would seem the modern TNCs have, in his name, achieved the same position. Inequality in Cities Around the World Inequality is usually associated with poorer, developing nations.

But for many years, studies have shown that many wealthier nations also suffer from inequality, sometimes at levels similar to those of some developing countries.

In addition, and almost counter to conventional wisdom, the report finds that in cities that have high levels of inequality increases the chance of more disparities increases, not reduces, with economic growth. This is because high levels of urban inequality have a dampening effect on economic growth and contribute to a less favorable environment for investment.

Poverty alleviation

This exacerbates insecurity and social unrest which, in turn, diverts public and private resources from social services and productive investments to expenditures for safety and security.

In another UN Habitat report, the issue of equality was noted: Government has many roles but a fundamental one, in democracy, is to build equality. For legitimacy to exist in society, citizens must perceive that inclusion and equality are fundamental objectives of public authorities.

For example, the report adds that in many developing cities, wealthier citizens live in private spaces and may even avoid visiting or walking around in city centers.

There is therefore a dilemma that the public sector faces compared to the private sector: In parallel with growing cities are growing informal settlements or slums. Numerous factors create this rise, from poverty in the countryside, changes towards neoliberal economic ideology, corruption, globalization factors and so on.

The problem is so immense that, according to UN Habitat, approximately 1 billion people live in slums in the cities of the world — approximately 1 in every 6 people on the planet.

While there have been some successes in reducing the number of people living in such areas in recent years by about a tenth mostly in China and Indianumerous problems persist.

World Habitat Day — Stop forced evictions in AfricaAmnesty International, October Without the ability to make their voices heard, people in informal settlements often find that in addition to less services, the threat of forced eviction is commonplace as private developers often want prime land for development.

Poverty Around The World — Global Issues

Amnesty International provides numerous examples of this from around the world. A short video summarizes a number of other videos they have compiled on this.At its Millennium Summit in , the United Nations identified poverty as one of the biggest global challenges and set forth as one of its Millennium Development Goals (MDGs) to eradicate extreme poverty by The World Tourism Organization (UNWTO) has responded to this challenge and opportunity by launching the ST-EP Initiative, which was announced at the World Summit on .

Chinese Premier Li Keqiang delivers a government work report at the opening meeting of the first session of the 13th National People's Congress at the Great Hall of the People in . Poverty is the scarcity or the lack of a certain (variant) amount of material possessions or money.

Poverty is a multifaceted concept, which may include social, economic, and political elements. Absolute poverty, extreme poverty, or destitution refers to the complete lack of the means necessary to meet basic personal needs such as food, clothing and shelter. Improvement in Agriculture.

More than 50% of people live in rural areas and more than 90% of them are involved in agriculture directly or indirectly by providing services to farmers. 3 Introduction - China’s Rural Development With Deng Xiaoping’s economic reforms in the late s China started its spectacular transi-tion from a state-run economy, based on centralized command and control, to a modern eco-.

Poverty alleviation

The group made the call at a humanitarian assistance to communities that faced different forms of disaster in recent times, in the Niger Delta region.

Poverty Alleviation Programmes In Nigeria And Democratic Governance