However, after four decades of aid receiving, poverty is still the biggest challenge in Africa. Data show that overall foreign aid has failed not only to promote economic growth but also to improve the lives of the people on the continent. As such, poverty has even worsened around the African continent. The World Bank (2008) reports that the number of poor in Africa has nearly doubled, increasing from 200 million in 1981 to 390 in 2005 despite massive foreign fund inflows. Furthermore, Dambisa Moyo (2009) in her much acclaimed book Dead Aid goes further by highlighting the failure of aid in Africa.
Unfortunately, this disproportion has grown even bigger since the 1980s. During the 1980s, the richest ten percent controlled over 45% of the nation’s wealth. During the 1990s, that number increased to over 50%. The high levels of income inequality found in Brazilian statistics are due more to the existence of an extended upper middle class in the urban areas, benefiting from the large wage differentials that exist between the more and the less educated, than to the contrasts between the few very rich and the millions of poor, portrayed sometimes in the mass media (Schwartzman, 2000, p. 30). Because of the large inequality between people in society, this indicates a high power distance.
Cattle ranching contributes greatly to the demise of the amazonian rainforest. In Brazil, small-scale agriculture represents one third of the rainforest lost per annum. Mother Nature plays her own part in the deforestation of the Amazon using fires, droughts and tropical storms. In Columbia, the rainforest is mostly destroyed by poor farmers trying to make drug plantations. They do this because it generates more income than any other crop.
In this article, it shows similar signs of what caused the Great Depression in 1929 and how the American economy plummeted downwards as financial crisis occurred. With political instability, food crisis, OPEC issues, and decreasing monetary value, any country can be at a bad economic stage. Even today many parts of the world have their own economic problems that can be related to the Great Depression in some shape or form. This article help shows what common similarities Venezuela faces which leads to an economic downfall comparable to the Great Depression and what people dealt with during those times. All in all, this article points out how Venezuela is facing the worst economy in the world as parts of their economic sector has taken a hit causing instability in their
The poorest nations on Earth are usually categorised by the term LDC, meaning ‘Least Developed Country.’ These low levels of development make it harder for the county to develop any further. Sierra Leone is an example of an LDC, and is at the bottom of the UN’s league for human development. Sierra Leone has a high level of dependency on its raw materials for income, Diamonds and Iron ore are highly sought after and the main consumers of these products are the industrialising and high level consumption nations such as China and the U.S. The issue is that these products are mined and manufactured by foreign companies. If the LEDC had the high enough levels of development it could educate it population and these profit providing process could be taxed and boost the economy of the LDC to allow such infrastructure to grow.
Kosgei 1 Baruf kosgei Mrs.Briggs, instructor English Comp I, MWF, 11:00 Illustration essay 3rd April 2014 Illustration essay In “learning to read and write”Douglous is telling how he struggled to obtain education. He must have known the importance of education that’s why he did everything it cost in order to get education. Many people are still struggling with illiteracy .It is well known that being educated is of a big advantage to every individual. In most countries of the world factors that contribute to illiteracy includes poverty, gender inequality and high population. Poverty has been a very great hindrance to education in many developing countries.
Related issues: All the conflicts in the diamond industry are come from one main factor -- profit. Many of the diamonds in the world are harvested using practices to exploit workers, children, and communities. Millions diamond diggers in Africa earn less than a dollar a day, causing widespread poverty and community suffering. Violence is also a serious problem in diamond mining. Many diamonds are still stained by severe human rights abuses such as forced labor, beatings, torture, and murder.
Money is their priority, and so many families are in need. The child labor laws are starting to be reinforced in many countries, but not all of them can fully agree with it. The families who have their children working is all to make more money to survive. It all is a struggle for so many families around the world. But it is all for the welfare of the
The demand for higher level courses and enhanced skills has increased the pressure on states to common assessments. This means higher stakes to the public school system. Unfortunately with the increase in poverty levels more students are coming to school hungry which impacts their ability to learn. In 2000 kids were eligible for reduced price lunches, but since then the price has steadily gone up every year, and now there is barely a difference in price. Many parents can’t afford to send their kids to school with a lunch, and with the price of lunches going up how can we expect these children get the best education available?
But obviously, the money does not help. The situation in Africa is deteriorating. Moyo says: not only in spite of the aid, but even because of it. Aid is the cause of the increasing poverty in Africa. Moyo is not alone with her criticism of aid and the demand to stop it.