WORLD POVERTY. The Standard “Shocking Stats” Half of the World Lives on Less Than $2.50/Day 95%:...
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Transcript of WORLD POVERTY. The Standard “Shocking Stats” Half of the World Lives on Less Than $2.50/Day 95%:...
![Page 1: WORLD POVERTY. The Standard “Shocking Stats” Half of the World Lives on Less Than $2.50/Day 95%: Less Than $10/Day GDP of the 41 “HIPC” Countries Less.](https://reader036.fdocuments.net/reader036/viewer/2022062717/56649e495503460f94b3cfff/html5/thumbnails/1.jpg)
WORLD POVERTY
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The Standard “Shocking Stats”
•Half of the World Lives on Less Than $2.50/Day
•95%: Less Than $10/Day
•GDP of the 41 “HIPC” Countries Less Than Combined Wealth of World’s 7 Richest People
![Page 3: WORLD POVERTY. The Standard “Shocking Stats” Half of the World Lives on Less Than $2.50/Day 95%: Less Than $10/Day GDP of the 41 “HIPC” Countries Less.](https://reader036.fdocuments.net/reader036/viewer/2022062717/56649e495503460f94b3cfff/html5/thumbnails/3.jpg)
It’s Not Getting Any Better
The Widening Gap
•More Than 80% of World’s Population Lives In Country With Widening Gap
•The Richest Country Also Owns Widest Gap
•9 Million+ Millionaires in U.S. (2006)
•Richest 1% Own 38% of Wealth
National Level International Level
•Distance Between Richest/Poorest Countries:
•1820 --- 3:1
•1913 --- 11:1
•1950 --- 35:1
•1973 --- 44:1
•1992 --- 72:1
![Page 4: WORLD POVERTY. The Standard “Shocking Stats” Half of the World Lives on Less Than $2.50/Day 95%: Less Than $10/Day GDP of the 41 “HIPC” Countries Less.](https://reader036.fdocuments.net/reader036/viewer/2022062717/56649e495503460f94b3cfff/html5/thumbnails/4.jpg)
It’s Not Getting Any Better
The Widening Gap
•More Than 80% of World’s Population Lives In Country With Widening Gap
•The Richest Country Also Owns Widest Gap
•9 Million+ Millionaires in U.S. (2006)
•Richest 1% Own 38% of Wealth
National Level International Level
•Distance Between Richest/Poorest Countries:
•1820 --- 3:1
•1913 --- 11:1
•1950 --- 35:1
•1973 --- 44:1
•1992 --- 72:1
![Page 5: WORLD POVERTY. The Standard “Shocking Stats” Half of the World Lives on Less Than $2.50/Day 95%: Less Than $10/Day GDP of the 41 “HIPC” Countries Less.](https://reader036.fdocuments.net/reader036/viewer/2022062717/56649e495503460f94b3cfff/html5/thumbnails/5.jpg)
It’s Not Getting Any Better
The Widening Gap
•More Than 80% of World’s Population Lives In Country With Widening Gap
•The Richest Country Also Owns Widest Gap
•9 Million+ Millionaires in U.S. (2006)
•Richest 1% Own 38% of Wealth
National Level International Level
•Distance Between Richest/Poorest Countries:
•1820 --- 3:1
•1913 --- 11:1
•1950 --- 35:1
•1973 --- 44:1
•1992 --- 72:1
![Page 6: WORLD POVERTY. The Standard “Shocking Stats” Half of the World Lives on Less Than $2.50/Day 95%: Less Than $10/Day GDP of the 41 “HIPC” Countries Less.](https://reader036.fdocuments.net/reader036/viewer/2022062717/56649e495503460f94b3cfff/html5/thumbnails/6.jpg)
It’s Not Getting Any Better
The Widening Gap
•More Than 80% of World’s Population Lives In Country With Widening Gap
•The Richest Country Also Owns Widest Gap
•9 Million+ Millionaires in U.S. (2006)
•Richest 1% Own 38% of Wealth
National Level International Level
•Distance Between Richest/Poorest Countries:
•1820 --- 3:1
•1913 --- 11:1
•1950 --- 35:1
•1973 --- 44:1
•1992 --- 72:1
World Bank: Poverty Decline Since 1981
![Page 7: WORLD POVERTY. The Standard “Shocking Stats” Half of the World Lives on Less Than $2.50/Day 95%: Less Than $10/Day GDP of the 41 “HIPC” Countries Less.](https://reader036.fdocuments.net/reader036/viewer/2022062717/56649e495503460f94b3cfff/html5/thumbnails/7.jpg)
It’s Not Getting Any Better
The Widening Gap
•More Than 80% of World’s Population Lives In Country With Widening Gap
•The Richest Country Also Owns Widest Gap
•9 Million+ Millionaires in U.S. (2006)
•Richest 1% Own 38% of Wealth
National Level International Level
•Distance Between Richest/Poorest Countries:
•1820 --- 3:1
•1913 --- 11:1
•1950 --- 35:1
•1973 --- 44:1
•1992 --- 72:1
World Bank: Poverty Decline Since 1981
• China: 85% to 15.9%
• World: ~10%
![Page 8: WORLD POVERTY. The Standard “Shocking Stats” Half of the World Lives on Less Than $2.50/Day 95%: Less Than $10/Day GDP of the 41 “HIPC” Countries Less.](https://reader036.fdocuments.net/reader036/viewer/2022062717/56649e495503460f94b3cfff/html5/thumbnails/8.jpg)
Important to the World?
•Millennium Developmental Goals (MDGs):
• #1 Eradicate Extreme Poverty & Hunger
• #8 Develop Global Partnership for Development
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Important to the World?
•Millennium Developmental Goals (MDGs):
• #1 Eradicate Extreme Poverty & Hunger
• #8 Develop Global Partnership for Development
Stronger Link Than Usually Acknowledged
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Hungry People
•World Food Shortage?
• 1/3 of World’s Starving People in India
• 1999: 10 Million Ton Food Grain Surplus
• 2000: 60 Million Tons
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Hungry People
•World Food Shortage?
• 1/3 of World’s Starving People in India
• 1999: 10 Million Ton Food Grain Surplus
• 2000: 60 Million Tons
- Most Left in Granaries to Rot -
![Page 12: WORLD POVERTY. The Standard “Shocking Stats” Half of the World Lives on Less Than $2.50/Day 95%: Less Than $10/Day GDP of the 41 “HIPC” Countries Less.](https://reader036.fdocuments.net/reader036/viewer/2022062717/56649e495503460f94b3cfff/html5/thumbnails/12.jpg)
Hungry People
•World Food Shortage?
•Ethiopia was exporting green beans to Europe during 1980s famine
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Hungry People
•Food is Commodity - Not Something Grown To End Hunger
• Poor do not have purchasing power to change patterns of consumption
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Hungry People
•Food is Commodity - Not Something Grown To End Hunger
• Poor do not have purchasing power to change patterns of consumption
People are not hungry due to lack of food
They’re hungry because they don’t have money
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Blame?
•Food Dumping• Instead of self-sufficiency, creates dependancy
• Undercuts local farmers
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Blame?
•Food Dumping• Instead of self-sufficiency, creates dependancy
• Undercuts local farmers
•USAID: $50M Aid to Zimbabwe • Contingent on purchase of genetically-modified maize
• Providing a market for the unmarketable
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Blame?
•Food Dumping• Instead of self-sufficiency, creates dependancy
• Undercuts local farmers
•USAID: $50M Aid to Zimbabwe • Contingent on purchase of genetically-modified maize
• Providing a market for the unmarketable
•Globalization• Super-labels contract production to weak economies
• Drop in standard of living and purchasing power
![Page 18: WORLD POVERTY. The Standard “Shocking Stats” Half of the World Lives on Less Than $2.50/Day 95%: Less Than $10/Day GDP of the 41 “HIPC” Countries Less.](https://reader036.fdocuments.net/reader036/viewer/2022062717/56649e495503460f94b3cfff/html5/thumbnails/18.jpg)
Blame?
•Food Dumping• Instead of self-sufficiency, creates dependancy
• Undercuts local farmers
•USAID: $50M Aid to Zimbabwe • Contingent on purchase of genetically-modified maize
• Providing a market for the unmarketable
•Globalization• Super-labels contract production to weak economies
• Drop in standard of living and purchasing power
•Corruption• Rich countries encourage the behavior
• Cold War, concessions/bribes, drug trade
![Page 19: WORLD POVERTY. The Standard “Shocking Stats” Half of the World Lives on Less Than $2.50/Day 95%: Less Than $10/Day GDP of the 41 “HIPC” Countries Less.](https://reader036.fdocuments.net/reader036/viewer/2022062717/56649e495503460f94b3cfff/html5/thumbnails/19.jpg)
Who Cares?
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Who Cares?•Bleeding Heart Granola Eating Tree Huggers
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Who Care?•Bleeding Heart Granola Eating Tree Huggers
Environmental damage from land misuse - Demand for textiles, flowers, tobacco, etc
Shouldv
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•Bleeding Heart Granola Eating Tree Huggers
Environmental damage from land misuse - Demand for textiles, flowers, tobacco, etc
•You, if you’re not filthy rich
Who Care?Shouldv
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What’s Being Done?•HIPC, MDRITakes away ability to control economic futureForced to export resources to pay debt
Health, education, welfare take the hit
$1 aid - - - - - $25 debt repayment•Debt: “efficient tool...to ensure access to other people’s raw materials and infrastructure on the cheapest possible terms”
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“Spiraling Race To The Bottom”
Role of the state declinesExport more to pay debt
Increasing entries to global market
Value drops
Western customers benefit
Reduction in consumption
Social unrest/instability
Foreign investors pull-out
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What Should Be Done?
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What Should Be Done?All sorts of ideas floating around...
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What Should Be Done?
Changes in Western consumerismAll sorts of ideas floating around...
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What Should Be Done?
Changes in Western consumerismStop giving fish and start teaching how to fish
All sorts of ideas floating around...
![Page 29: WORLD POVERTY. The Standard “Shocking Stats” Half of the World Lives on Less Than $2.50/Day 95%: Less Than $10/Day GDP of the 41 “HIPC” Countries Less.](https://reader036.fdocuments.net/reader036/viewer/2022062717/56649e495503460f94b3cfff/html5/thumbnails/29.jpg)
What Should Be Done?
Changes in Western consumerismStop giving fish and start teaching how to fishStimulate demand side in third-world
Empower workers to stand up for rights
Foster democratically-elected, corruption-resistant governments
Regulate human rights
Enforce environmental regulations
All sorts of ideas floating around...
![Page 30: WORLD POVERTY. The Standard “Shocking Stats” Half of the World Lives on Less Than $2.50/Day 95%: Less Than $10/Day GDP of the 41 “HIPC” Countries Less.](https://reader036.fdocuments.net/reader036/viewer/2022062717/56649e495503460f94b3cfff/html5/thumbnails/30.jpg)
What Should Be Done?
Changes in Western consumerismStop giving fish and start teaching how to fishStimulate demand side in third-world
Empower workers to stand up for rights
Foster democratically-elected, corruption-resistant governments
Regulate human rights
Enforce environmental regulations
Legalize Drugs
All sorts of ideas floating around...
![Page 31: WORLD POVERTY. The Standard “Shocking Stats” Half of the World Lives on Less Than $2.50/Day 95%: Less Than $10/Day GDP of the 41 “HIPC” Countries Less.](https://reader036.fdocuments.net/reader036/viewer/2022062717/56649e495503460f94b3cfff/html5/thumbnails/31.jpg)
What Should Be Done?
Changes in Western consumerismStop giving fish and start teaching how to fishStimulate demand side in third-world
Empower workers to stand up for rights
Foster democratically-elected, corruption-resistant governments
Regulate human rights
Enforce environmental regulations
Legalize Drugs
All sorts of ideas floating around...
Realize that a “healthy, well-fed, literate population...is the most intelligent economic choice a country can make”
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What Will Be Done?
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Questions?
Kill MiGs