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To combat poverty and increase growth in the worlds poorest countries policy makers need to focus on decreasing world income inequality - Essay Example

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Severe poverty has led to lack of basic necessities and even deaths in many families from poor countries. Households that are mostly affected by low income and poverty are those led by unemployed, retired, home workers or…
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To combat poverty and increase growth in the worlds poorest countries policy makers need to focus on decreasing world income inequality
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To combat poverty and increase growth in the worlds poorest countries policy makers need to focus on decreasing world income inequality

Download file to see previous pages... In the second section I will be dealing with the effectiveness of the policies in reduction of poverty and growth of economy in poor countries.
I agree with the statement because, income inequality affects a country’s economy; which comes as a result of poverty in the society. Research done shows that income inequality is reflected in high relation to income poverty rates. Income inequality has also been linked with health problems. This is because income inequality is associated with many issues that affect the health of children adversely (Wilkinson 1996). Many health problems are also associated with the amount of income people earn. In a psychological interpretation, the health status of person affects their income and thus if one is unhealthy, there is a possibility of low income. Income inequality is also associated with mental illness. People with poor living standards are at higher risks of physical and mental illnesses as a result of stress and lack of balanced diet. According to Wainwright (72-69) to help in fighting poverty, equal distribution of income, developments in social and economic environments must be looked into. Income inequality affects the economy in ways and it leads to inflation too. It is therefore necessary for the government and the citizen to come up with policies to help curb income inequality which has lead to poverty in the society mostly affecting the poor countries.
To combat poverty and economic discrimination, there has to be application of polices that are made and implemented by the society with total assistance by all sectors of the government. The implemented policies should enhance and promote equal opportunities and offer access to basic social services, strengthen collective and individual participation and responsibility in the fight against poverty, establish specific ...Download file to see next pagesRead More
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