StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Solutions to Alleviating Poverty - Essay Example

Cite this document
Summary
The developing and the under-developed world have a different story to tell. The paper "Solutions to Alleviating Poverty" analyzes the role of the International Monetary Fund in this light, and the concept of Grameen Bank, propagated by Mohammed Yunus, who was awarded the Nobel Prize for the same…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98.2% of users find it useful
Solutions to Alleviating Poverty
Read Text Preview

Extract of sample "Solutions to Alleviating Poverty"

Download file to see previous pages

While the membership of the IMF comprises all kinds of nations - the developed, developing and the under-developed, the IMF has often been accused of favoring the developed nations from where it gets its funds. The developing and under-developed worlds are often discriminated against, when it comes to financial assistance, protectionism, transfer of technology et al. The voting system in the IMF is a testimony to the fact that discriminatory policies are indeed the order of the day, in the IMF.

The IMF has a loan-lending role, wherein loans for a specific period are provided to countries. The IMF has come under criticism for this aspect. The loan-lending programmes often employ a conditionality clause, wherein countries have to adhere to certain attested clauses when borrowing money from the IMF. It has been alleged that the IMF includes clauses that help a dominant country, in most instances, the US, rule the roost. Clauses related to structural adjustments have been very popular, wherein the nature of the government and the manner in which it works is thoroughly controlled.

It has also been seen that the debt percentage of those countries that have borrowed funds from the IMF has gone up considerably. The South-Asian country of Bangladesh received its independence about 25 years ago. At a time when it was still grappling with the after-effects of independence and famine, the Grameen Bank came as a new ray of hope. The Grameen Bank, initialized by Professor Mohammed Yunus, has been functional in the area of micro-credit. The vision is to create a poverty-free world.

The Bank works at grass-root levels and mainly attempts to lend money to women. In fact, 97% of the borrowers at the bank, are women.

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Solutions to Alleviating Poverty Essay Example | Topics and Well Written Essays - 750 words, n.d.)
Solutions to Alleviating Poverty Essay Example | Topics and Well Written Essays - 750 words. Retrieved from https://studentshare.org/macro-microeconomics/1531125-essay-on-hunger-in-developing-countries
(Solutions to Alleviating Poverty Essay Example | Topics and Well Written Essays - 750 Words)
Solutions to Alleviating Poverty Essay Example | Topics and Well Written Essays - 750 Words. https://studentshare.org/macro-microeconomics/1531125-essay-on-hunger-in-developing-countries.
“Solutions to Alleviating Poverty Essay Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/macro-microeconomics/1531125-essay-on-hunger-in-developing-countries.
  • Cited: 0 times

CHECK THESE SAMPLES OF Solutions to Alleviating Poverty

Poverty related issues

The solutions to the poverty always existed in human morality.... The solutions to the poverty always existed in human morality.... This work will make a short review about the acute contours of poverty in Africa (the poorest region) and some solutions, what the solutions of the poverty alleviation are in US society and so on.... … Historically poverty and affluence have coexisted in the human society (Peter singer 1972)....
5 Pages (1250 words) Essay

Two Approaches to Relieving Poverty

Many people in the word are so poor that they cannot afford even a single meal a day. There are many kinds of solutions for alleviating poverty.... Grameen Bank and poverty Alleviation There are many kinds of solutions for alleviating poverty.... poverty can be defined as a condition in which a person lack basic human needs such as food, clothing and shelter because of inability to afford these basic needs.... poverty falls in two major groups, absolute poverty and relative poverty....
2 Pages (500 words) Essay

The Micro Finance Bank of Pakistan

Potential impacts of such institutions are far reaching on the poverty alleviation in the third word.... These institutions are specialized in the identification of the right causes of the poverty in different communities and the redressal recipes are tailor made.... Instead of operation on the macro-policy levels these institutions look at the poverty issues in a different kaleidoscope.... Therefore so far single panacea for poverty alleviation has been the alternate institutions....
1 Pages (250 words) Essay

The End of Poverty by Jeffrey Sachs

Also, Sachs discusses many of the causes of global poverty and gives solutions to how these problems can be fixed and why the governments of these countries should listen to his theories and implement these solutions.... This paper "The End of poverty by Jeffrey Sachs" discusses the book The End of poverty, by Jeffrey Sachs, which makes a number of arguments about how to alleviate poverty in the world.... Sachs is a valid source on this issue, as he has worked as an economist for various institutions and countries and is even a special advisor to the United Nations on global poverty....
9 Pages (2250 words) Book Report/Review

Kottak presents the concept of the feminization of poverty

As a result of this, a lot of emphasis should be placed on programs aimed at alleviating poverty in order to address both women's human rights and gender inequality (Kottak 38).... Other measures include the strengthening of social welfare policies and mechanisms in order to provide long-term solutions to the women's poverty.... These include the following: (a) gender inequalities and little growth in terms of women's capabilities and entitlements vis-à-vis men, (b) longer working hours in both reproductive and productive… ivities (at significantly lower wages), (c) legal, cultural and labor-market hindrances that surround their capacity to fight poverty and impede their occupational and social mobility (Kottak 27)....
2 Pages (500 words) Essay

Three Metaphors, the Birth Rate, and Solutions

To consolidate its resolve, the region has developed a five-step solution that demonstrates the manner in which the locked region plagued with severe poverty could do if the rich and poor people really collaborate to achieve the desired emancipation of the poor: “I do not, of course, want to dispute the contention that governments of affluent nations should be giving many times the amount of genuine, no-strings-attached aid that they are giving nowI agree, too, that giving privately is not enough, and that we ought to be campaigning actively for entirely new standards for both public and private contributions to famine relief” (Singer 402-13)....
6 Pages (1500 words) Research Paper

Warfare Dependence: the Problem and Solution

imilar to poverty, welfare dependence can be considered a scale that has different variations in scope and intermission (Kendall 2).... Certain parameters have to be fixed for proper assessment of the dependence levels for dissimilar countries, similarly to the case of the poverty level measurement (Douglas 3)....
5 Pages (1250 words) Essay

The Applicability of Singers Shallow Pond Scenario in Solving World Poverty

The paper "The Applicability of Singer's Shallow Pond Scenario in Solving World poverty" states that the only valid point that Wisor makes is concerned with the fact that it is not as easy to assess the positive and negative consequences of offering help.... inger claims that people in relatively rich countries and the actual countries have the moral obligation to work towards alleviating the needs of people faced with poverty, particularly those in less developed countries4....
8 Pages (2000 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us