1. Poverty, Growth and the Trickle Down Effect
Every morning my father wakes up and goes to work construction. Doing something like this used to be enough but due to factors like the increasing gap in wealth this is no longer the case. Blue collar jobs like construction no longer provide enough to make a comfortable living. This is a direct resu...
Ever since the year 2007, America has been constantly struggling with keeping the balance of wealth between its low/middle class and its one-percenters. One question that I want an answer for is: Why do the one-percenters hold onto their excessive amounts of wealth when they know it hurts the eco...
The economic revival strategy laid out in December 1999 envisaged 4 key goals: 1-Macroeconomic stability and the restoration of a working relationship with international financial institutions (IFIs), 2-structural reforms to remove distortions in the economy, 3-improving governance, especially economic, and reviving key national institutions. ...
Easterly (1999) and Harrigan (2007) even show evidence to prove that in some recipient countries, foreign aid does not bridge the financing gap of productive investment but instead contributes to the increasing consumption of the government, resulting in the so-called Dutch disease and macroeconomic imbalances. ...
The International Monetary Fund (IMF) is an international financial institution that "provides policy advice and financing to members in economic difficulties and also works with developing nations to help them achieve macroeconomic stability and reduce poverty" (IMF). ...
Introduction This paper starts with the brief introduction on MDGs eight goals, but we will be focusing on goal 1 to clearly look at the effectiveness of the goals and how it changes the poverty structure in different countries. After taking a deep view, we will discuss the role of government and politics in relation to goal1 at this point we will be taking a more extensive perspective. However some of the issues are still not resolved which will cause a detail discussion on developing of the plans in relation to poverty (Moser, 2005). To develop my contentions, I will talk about different cou...