Discover 10 ways to end poverty. Poverty could be analyzed from different point of views. There is that kind of poverty where by an individual is not capable of meeting their basic needs. A person fails to meet his basic needs of food, shelter and clothing. Such kind of poverty is referred to as non – income poverty. That kind of poverty is contrasted to income poverty.
This is a kind of poverty whereby a person lacks money to buy himself basic everyday life. It could be ranging from salt, sugar, and anything else that requires money to be bought. In this kind of poverty a person has food may be because they grow their own food. But when they fall sick they can not go to hospital as they need transport fare and cannot meet the hospital payment.
This is a kind of poverty that is measured against the services that an individual is deprived of. An individuals lacks important and necessary services such as school for his children education, hospital for health care of his family and the like.
Worldwide poverty is not condoned at all; it is a situation not desired by any person; that being the case it calls for strategies from all over the world on how to deal with this problem. A project that is specialized in poverty reduction of Borjenproject.com has been at the front line in the fight against poverty. In this article I invite you to read the proposed ten ways to ending poverty in the world.
Economic Growth Policies
Develop and implement rapid and sustained economic growth policies and programs, in areas such as health, education, nutrition and sanitation, allowing the poor to participate and contribute to the growth. Studies show that a 10 percent increase in a country’s average income reduces poverty by as much as 20-30 percent.
Improve management of water and other natural resources. Most of the rural poor depend on agriculture or other natural resources for their livelihood. Consequently, it is necessary that they have more equitable access to those resources so they are better able to manage their resources.
Improve Agricultural Programs
Invest in and implement agricultural programs. China has helped 800 million people out of poverty since 1978. As a part of its strategy to eradicate poverty by 2020, the Agricultural Bank of China will lend more than $400 billion to help develop rural areas, fund education, infrastructure, and crop production.
Encourage countries to engage in trade as a path out of poverty. Trade is the key to growth and prosperity. Some of the world’s poorest countries including Indonesia, Botswana and Brazil have traded their way out of poverty.
Create and improve access to jobs and income and develop entrepreneurial talent.
Basic Social Services
Providing all people with access to basic social services including education, health care, adequate food, sanitation, shelter and clean water.
Social Protection System
Progressively developing social protection systems to support those who cannot support themselves.
Empower people living in poverty by involving them in the development and implementation of plans and programs to reduce and eradicate poverty. Their involvement ensures that programs reflect those things that are important to them.
Resources and Services
Remove barriers to equal access to resources and services.
Technology and Innovation
Provide access to technology and innovation including internet access and affordable energy. In Bangladesh, only 40 percent of the rural poor have access to grid electricity. Those that do have access endure frequent power outages. The Second Rural Electrification and Renewable Energy Development Project plans to increase access to electricity in rural areas via renewable energy sources.