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Why have some countries experienced rapid growth while others stay mired in poverty?
Wiki User
∙ 10y ago
Some countries grow rapidly because they have more to offer in terms of export goods which is often a major income to a country. Those that are in poverty already often have little to offer to help them get back on their feet meaning they rely on aid which is really only to sustain them, sadly not to make them affluent.
Wiki User
∙ 10y ago
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Why is there poverty in some countries and not in other countries?
Some countries are richer than others.
What is comparative poverty?
Comparative poverty is a measure of poverty, which is also used as a measure of inequality. It refers to looking at poverty in comparison with others. For example, if you live in a country where there is a lot of inequality, where there are very rich people living in proximity to very poor people, it is argued, that the poor in countries like these are more aware of their poverty as they can compare it with the wealth of others living relatively close to them. At the same time, if you are poor in a country where most other people are poor, it is further argued, that you will not be as aware of your poverty as you are comparing yourself to other poor people. Therefore comparative poverty refers to what poor people can compare themselves with and how that affects their own perceptions of their poverty.
What are the causes and effects of poverty in the Philippines?
Some cause and effects of poverty in the Philippines include poor productivity agriculture growth result in families going hungry. Others include high population and a corrupt government bring effects of unemployment and low quality of life.
Should economic growth be sacrificed if necessary in order to reduce poverty?
No. Economic growth is the best way to reduce poverty. Economic growth creates jobs. Economic growth should not be sacrificed, it should merely be more inclusive. More people should experience the benefits of it. Economic growth is a good thing. When economic growth slows or stops, people start worrying about themselves and stop worrying about others. When economic growth is good and people have jobs and money, they are more interested in helping others. When corporations make money, they expand and hire more people. Then those people have money to purchase goods and services. The companies who sell those goods and services hire people to produce those goods and provide those services.
Speech about poverty?
There are many people in the world that write speeches about poverty. This is in hopes that others will understand the quality of life people who live in poverty have.
Why is there poverty in some countries and not in other countries?
Some countries are richer than others.
What countries suffer from poverty because of mounting debts?
Every country has poverty some more than others, but it is a fallacy that poverty is caused by a country's debt. If that was the truth, then, countries with very rich leaders wouldn't have poverty. Poverty is the result of the government not caring about the common good of the population and using resources for war, and other things other than meeting the needs of the people.
When all the predators are removed form an environment what kind of growth is experienced by the prey?
exponential until they either push others out or eat all the food available.
What is comparative poverty?
Comparative poverty is a measure of poverty, which is also used as a measure of inequality. It refers to looking at poverty in comparison with others. For example, if you live in a country where there is a lot of inequality, where there are very rich people living in proximity to very poor people, it is argued, that the poor in countries like these are more aware of their poverty as they can compare it with the wealth of others living relatively close to them. At the same time, if you are poor in a country where most other people are poor, it is further argued, that you will not be as aware of your poverty as you are comparing yourself to other poor people. Therefore comparative poverty refers to what poor people can compare themselves with and how that affects their own perceptions of their poverty.
Why would one want to make poverty history?
"In order to allow others to live a life free of financial problems, and to help pass legislation that will allow better conditions to support the eradication of poverty in many countries around the world."
What are the causes and effects of poverty in the Philippines?
Some cause and effects of poverty in the Philippines include poor productivity agriculture growth result in families going hungry. Others include high population and a corrupt government bring effects of unemployment and low quality of life.
Should economic growth be sacrificed if necessary in order to reduce poverty?
No. Economic growth is the best way to reduce poverty. Economic growth creates jobs. Economic growth should not be sacrificed, it should merely be more inclusive. More people should experience the benefits of it. Economic growth is a good thing. When economic growth slows or stops, people start worrying about themselves and stop worrying about others. When economic growth is good and people have jobs and money, they are more interested in helping others. When corporations make money, they expand and hire more people. Then those people have money to purchase goods and services. The companies who sell those goods and services hire people to produce those goods and provide those services.
Speech about poverty?
There are many people in the world that write speeches about poverty. This is in hopes that others will understand the quality of life people who live in poverty have.
Does money enable you to help others?
Only if they are in financial distress (think about third world countries and homeless people or even simply people living below the "poverty line")
What are the characteristics of the Andes mountain?
The recent growth literature has underestimated the importance - and ignored the implications - of the instability and volatility of growth rates. In particular, the use of panel data to investigate the effects of long-term growth in developing countries - especially with fixed effects estimates - is potentially more problematic than helpful. Except during the Great Depression, the historical path for per capita GDP in the United States has been reasonably stable exponential trend growth, with modest cyclical deviation. Graphically, growth in the United States displays as a modestly sloping, only slightly bumpy, hill. But almost nothing that is true about per capita GDP for the United States (or for other OECD countries) is true for developing countries. First, per capita GDP in most developing countries does not follow a single time trend: For a given country, there is great instability in growth rates over time, relative to both average level of growth and to cross-sectional variance. These shifts in growth rates lead to distinct patterns. Some countries have had steady growth (hills and steep hills); others have had rapid growth followed by stagnation (plateaus); others have had rapid growth followed by declines (mountains) or even catastrophic declines (cliffs); still others have experienced continuous stagnation (plains) or even steady decline (valleys). Second, volatility - however measured - is much greater in developing than in industrial countries. These stylized observations about growth rates, Pritchett concludes, suggest that it may be useless to use panel data to investigate long-term growth rates in developing countries. Perhaps more can be learned about developing countries by investigating what initiates (or halts) episodes of growth. There is something of a professional split in growth literature, Pritchett observes. Macroeconomists studying industrial countries discuss steady-state growth and ponder whether all countries in the convergence club will reach the same happy level in the end. Development economists, on the other hand, are the pathologists of Economics, having discovered that developing countries are most emphatically not all alike. Developing countries have found ways to be ecstatic but they have also discovered many different ways to be unhappy.
What is the theme of Oliver Twist?
There are many themes in Oliver Twist, such as poverty, crime, loyalty, justice and others.
What effect increasing economic independence have on the countries of the world?
Globalization leads to interdependence among nations because it brings some nations money and others are brought into poverty. Globalization is good and bad for any nation.
