It is all about money

Transcription

1 A country with a GDP per capita of $765 dollars or less is defined as a low-income or poor country. interrelated factors like geography, industrialization, colonialism, education, resources, infrastructure, overpopulation, investment, government and debt make poor countries remain the heavy foot of poverty.

2 According to the most recent estimates, in 2011, 17 percent of people in the developing world lived at or below $1.25 a day. That s down from 43 percent in 1990 and 52 percent in This means that, in 2011, just over one billion people lived on less than $1.25 a day, compared with 1.91 billion in 1990, and 1.93 billion in

3 P.PCAP.CD/countries?display=map

4 Worldbank -Founded in 1944 in the Bretton woods agreement :valuta were bound to the dollar Key factors for economic growth: Capacity building Infrastructure creation (legal and juridical and especially education ) Development of financial systems Combating corruption Research, consultancy and Training

5 Worldbank works as : International Bank for Reconstruction and Development ( IBRD) Goal : Global poverty reduction and the improvement of living standards Millenium Development Goals (MDG)are leading Focuses on middle income countries : people earning less than $2 per day =70% of the poor worldwide. Middle income countries are not able to borrow money on the market, they lent it from IBRD under prefered conditions

6 IDA (International development agency), Goal: Global poverty reduction and the improvement of living standards for the poorest countries (80) in the world, by : Interest free credits, repay in years Grants for economic growth Reduce inequalities

7 Criteria from IDA for the poorest countries : less than 500 $ per capita not creditworth Implementation of economic and social policies that promote growth and poverty reduction, eg: Sanitation and water supply Vaccinations of children Combating HIV/Aids Support civil society organizations Reduction of greenhouse gases.

8 International Monetary Fund ( IMF) The IMF's primary purpose is to ensure the stability of the international monetary system the system of exchange rates and international payments that enables countries (and their citizens) to buy goods and services from each other.

9 World Trade Organization (WTO)(1948) Goal : Liberalizing trade,trade flow as free as possible Forum to discuss trade agreements on : Agriculture Textiles and clothing Banking, telecommunications Food sanitation regulations Intellectual property Negotiating forum

10 Some data: Half the world nearly three billion people live on less than two dollars a day. The GDP (Gross Domestic Product) of the poorest 48 nations (i.e. a quarter of the world s countries) is less than the wealth of the world s three richest people combined. Nearly a billion people entered the 21st century unable to read a book or sign their names.

11 20% of the population in the developed nations, consume 8o% of the world s goods. The developing world now spends $13 on debt repayment for every $1 it receives in grants. The 48 poorest countries account for less than 0.4 per cent of global exports. Less than one (1) percent of what the world spent every year on weapons was needed to put every child into school by the year 2000 and yet it didn't happen.

12 Additional costs to achieve universal access to basic social services in all developing countries Global Priority $ U.S. Billions Basic education for all 6 Water and sanitation for all 9 Reproductive health for all women 12 Basic health and nutrition 13

13 Global Priority $U.S. Billions Cosmetics in the United States 8 Ice cream in Europe 11 Perfumes in Europe and the United States 12 Pet foods in Europe and the United States 17 Business entertainment in Japan 35 Cigarettes in Europe 50 Alcoholic drinks in Europe 105 Narcotics drugs in the world 400 Military spending in the world 780