Question

In: Economics

Poverty is mostly a rural phenomenon in many developing countries. In view of this observation, what...

  1. Poverty is mostly a rural phenomenon in many developing countries. In view of this observation, what policies would you recommend for poverty reduction in developing countries.
  2. In 1994, the United Nations provided the human security framework as a wider development and security paradigm. Describe any three of the key characteristics of this paradigm that makes it relevant to the contemporary reality.

Solutions

Expert Solution

Poverty & Human Security
Poverty being a very common problem affecting the developing countries, the policies adopted should be efficient enough to tackle the drawbacks. Human security acts an important role in the level of poverty and welfare of the people. Many countries expose their vulnerabilities in according to their status in human security. The less concentration given to the rural economies have influenced greater in creating problems of poverty even in growing economies. Effective encouragements in agriculture, providing better incentives for farmers, promoting small and medium sized entrepreneurs in the rural market could helps in reducing the level poverty. Social security spending from the part of governments including raised transfer payments for the unemployed could all help in reducing the level of poverty.
The United Nations development program introduced a human security framework which points out the necessary areas to be concentrated to reduce the risk of human security thus increasing the welfare of the people. It includes Economic security, Food security and Health security.
Economic security suggests the need of necessary basic income for individuals. According to UN, only a quarter of the world’s population has human security. The level of unemployment, wages etc. could affect the economic security to individuals.
Food security should get a stable stage helping everyone of the economy to get access to basic food quantity. This suggest for better supply mechanism to avoid the lack of necessary supply. The problem of purchasing power, lack of distribution can all affects the level of food security. Governments should concentrate increasing the purchasing power of poor people and increasing the availability of food in the sector.
Health security refers to the guarantee for minimum level of protection from diseases and lifestyles. Diseases including infections, parasitic diseases are high in developing countries. Providing better health facilities, making the people capable of accessing better health facilities, increasing the standard of living by increasing income and opportunity for employment can all help increasing the health standard of the people


Related Solutions

6.What is the impact of neoliberal globalization on rural poverty? Discuss.
6.What is the impact of neoliberal globalization on rural poverty? Discuss.
Some countries, many being developing countries, peg their currency to the US dollar. What effect does...
Some countries, many being developing countries, peg their currency to the US dollar. What effect does a rapid appreciation or devaluation of the dollar have on those countries?Some countries, many being developing countries, peg their currency to the US dollar. What effect does a rapid appreciation or devaluation of the dollar have on those countries?
What are the key factors that limit the ability of many developing countries to deploy taxation...
What are the key factors that limit the ability of many developing countries to deploy taxation as a tool to reduce inequality and provide social security to the vulnerable groups? Describe any three policy recommendations that you would offer to developing countries in order to enable them to benefit from international trade.
developing countries have shown some progress in growth in the last decade but poverty and food...
developing countries have shown some progress in growth in the last decade but poverty and food security are still major concerns. Agricultural transformation continues to dominate the scheme of development. a) Describe 3 ways governments of Less Developed Countries can help inspire agricultural transformation. Part of the Inclusive growth strategy is to assist the minority groups in agriculture while increasing efficiency and productivity in the rural sector. b) Who are the dominant minority group in this sector and why are...
Some developing countries are being advertised among policy makers as exemplary in reducing their poverty rates,...
Some developing countries are being advertised among policy makers as exemplary in reducing their poverty rates, but the picture appears to be less rosy upon closer scrutiny. What might be the reasons for these false advertisements? A complete answer would utilize the axioms of absolute poverty measures, and the less than honest practices by policy makers.
write a concise research proposal on "green investment and poverty reduction in developing countries" Each student...
write a concise research proposal on "green investment and poverty reduction in developing countries" Each student should read at least three research papers. The Structure of the Research Proposal: a. Title b. Introduction c. Literature Review d. Conclusion e. References
Why might trade be more effective at addressing poverty in developing countries than foreign aid? A....
Why might trade be more effective at addressing poverty in developing countries than foreign aid? A. Aid can undermine the development of effective political institutions. B. Trade benefits are distributed equitably within developing societies. C. Aid targeted at delivery of medicine and education in poor areas has not shows any success D. Developing countries have historically taken a greater absolute share of the gains from trade than developed countries
FOR DEVELOPING COUNTRIES, GROWTH DOES NOT GUARANTEE POVERTY REDUCTION; WHILE HIGHER INCOME IS CLEARLY ASSOCIATED WITH...
FOR DEVELOPING COUNTRIES, GROWTH DOES NOT GUARANTEE POVERTY REDUCTION; WHILE HIGHER INCOME IS CLEARLY ASSOCIATED WITH LESS POVERTY, ECONOMIES CAN EVEN REACH UPPER MIDDLE-INCOME STATUS BUT CONTINUE TO STRUGGLE WITH LESS POVERTY, ECONOMIES CAN EVEN REACH UPPER MIDDLE-INCOME STATUS BUT CONTINUE TO STRUGGLE WITH A QUITE HIGH INCIDENCE OF EXTREME POVERTY. WHAT DOES IT RELATE TO ON THE IMPORTANCE OF THE CHARACTER OF A NATION'S GROWTH PROCESS AND ITS INSTITUTIONAL STRUCTURE?
WHAT ARE GOOD ECONOMIC INSTITUTIONS AND WHY DO MANY DEVELOPING COUNTRIES LACK THEM AND WHAT CAN...
WHAT ARE GOOD ECONOMIC INSTITUTIONS AND WHY DO MANY DEVELOPING COUNTRIES LACK THEM AND WHAT CAN BE DONE TO GET THEM?
What role to multinational companies play in the environmental degradation taking place in many developing countries?...
What role to multinational companies play in the environmental degradation taking place in many developing countries? Why do developing countries permit investments by the companies? What responsibilities do these companies have to the host countries?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT