Whether we choose to view this as a classical poverty trap or as an alternative subculture that breeds poverty and leads to unhealthy outcomes in the lives of those who share it, I believe that the seeming intractability of this issue demands a sophisticated response. ... The mission of the World Bank is to reduce global poverty. Its statutory aims are to improve living conditions in the poorest countries and reduce poverty in middle income and creditworthy poor countries. ... In fact since at least 1962 they have been declaring explicitly that education is one of the key mechanisms that can l...

• Word Count: 5954
• Approx Pages: 24
• Has Bibliography
• Grade Level: Undergraduate

By measuring the historical intensity of international economic links, the World Bank has identified that between the two World Wars and through the Great Depression the global poverty rose strongly and inequality widened. ... Based on this line of reasoning, it is tempting to conclude "as many northern activists, who are against globalisation, have done "that trade should be restricted. ... Yet, even with that caution, we can argue today that economic globalisation is no friend of inequality and absolute or relative poverty. The notion that trade and economic growth aggravate povert...

• Word Count: 6472
• Approx Pages: 26
• Has Bibliography
• Grade Level: Undergraduate

It is impossible to deny that in the last century, more improvement has been made to reduce poverty and raise living standards than during any other period in history. ... Allowing poverty to increase in developing countries adversely affects established nations as markets and investments opportunities shrink, the environment is damaged and people migrate in search of work and higher incomes. ... The overarching goals of IDA lending are to assist countries in reducing poverty and in achieving sustainable, broad-based economic growth. ... IDA's Impact on Poverty  IDA attacks poverty thro...

• Word Count: 3014
• Approx Pages: 12
• Has Bibliography
• Grade Level: Undergraduate

It attempts to characterize globalization, and its effects on poverty, the environment, gender, culture, and political structure and dynamics. ... A sense that the world was united was generated by the establishment of the International Date Line and world time zones, together with the near global adoption of the Gregorian calendar between 1875 and 1925. ... They share a concern that the global organisations such as the International Monetary Fund and the World Bank are not doing enough to alleviate poverty and, indeed, may be contributing to it. ...

• Word Count: 9131
• Approx Pages: 37
• Grade Level: Undergraduate

Globalisation The word globalisation has become a buzzword since its inception at the beginning of the 1990s. A cottage industry on globalisation has emerged from which academics and intellectuals make a living by writing articles and travelling the world debating with others. The financial and business sections of broadsheet newspapers are continuously littered with issues concerning globalisation and meetings are frequently held by the superpowers to discuss the state of the global economy, such as the meetings in Doha in Qatar, Cancun in Mexico and the IMF summit in Dubai. As a result of...

• Word Count: 3797
• Approx Pages: 15
• Grade Level: Undergraduate

Some argue that an expanding global economy provides new opportunities for the developing world to integrate into global markets and to achieve rapid rises in living standards "pointing" to ongoing global growth and a reduction in absolute poverty. ... Immigration rules and relative poverty mean that workers can't threaten to move in the same way. ...

• Word Count: 7309
• Approx Pages: 29
• Grade Level: Graduate