& Economic Disparity Poverty. It is an indicator of a country’s relative status within the world.
Post on 31-Dec-2015
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Poverty can be a trap that turns into a cycle – difficult to get out of
The Poverty Cycle – page 347 of Counterpoints
Family in debt
Baby born to a Malnourished mother
Baby’s developmentis slowed
Poor nutrition &medical care
Physical/mentaldevelopment slowed
Poor performance in schoolLow literacy
level
Reduced likelihoodOf economic success
Limited diet,Poor general health
Many young;Few job prospects
International Monetary Fund
The IMF uses “Structural Adjustment Policies” as
conditions to receiving loans
Forgiving Debt…
Debt payments in developing countries takes money away from the development of services that could improve their standard of
living.
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