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It's not poverty that breeds jihadis - New York Post

It's not poverty that breeds jihadis - New York Post | poverty_marcus tng | Scoop.it
It's not poverty that breeds jihadis New York Post While meeting with Catholic officials at the Vatican on Monday, Kerry expounded on their “huge common interest in dealing with this issue of poverty, which in many cases is the root cause of...
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You can't eat GDP growth | North Africa

You can't eat GDP growth | North Africa | poverty_marcus tng | Scoop.it
Africa's economies have been growing steadily over the past decade, but poverty has remained stubbornly high. The Africa Report examines the causes and the policies that governments are adopting to share the wealth and drive growth.

Via Sean Lim
Karkus Koo's insight:

This article takes a look at a key issue faced by Africa as a whole one, economic growth without development. For the past decade Africa has seen promising signs of sustainable growth fuelled by foreign demand of African commodities. Although this brings in capital for African nations this new found wealth has not had a discernable impact on the standard of living of said nation’s citizens. Many are still out of reach of essential means of sustenance and basic services.

  Social welfare policies have been employed as a means of distributing new wealth to citizens of countries by their respective governments. Even though this provides a uniform method of boosting each citizen’s wealth it does not help to increase each citizen’s base income excluding money from grants. This leaves countries vulnerable to economic disaster caused by unforeseen weakening of demand for commodities or shake-ups in the world economy. Over-reliance on grants by citizens of a country could quickly plunge many into poverty when grants are either reduced or withdrawn entirely.

  African countries must seek to actively build up their own domestic economies as they continue profiting from commodity trading to ensure that citizens are able to climb the social ladder without needing social grants as a life line. Creating a sustainable economy that is both diversified and allows for each citizen to support themselves via continual income from their work.

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Sean Lim's curator insight, January 19, 2014 12:28 AM

 This article takes a look at a key issue faced by Africa as a whole one, economic growth without development. For the past decade Africa has seen promising signs of sustainable growth fuelled by foreign demand of African commodities. Although this brings in capital for African nations this new found wealth has not had a discernable impact on the standard of living of said nation’s citizens. Many are still out of reach of essential means of sustenance and basic services.

  Social welfare policies have been employed as a means of distributing new wealth to citizens of countries by their respective governments. Even though this provides a uniform method of boosting each citizen’s wealth it does not help to increase each citizen’s base income excluding money from grants. This leaves countries vulnerable to economic disaster caused by unforeseen weakening of demand for commodities or shake-ups in the world economy. Over-reliance on grants by citizens of a country could quickly plunge many into poverty when grants are either reduced or withdrawn entirely.

  African countries must seek to actively build up their own domestic economies as they continue profiting from commodity trading to ensure that citizens are able to climb the social ladder without needing social grants as a life line. Creating a sustainable economy that is both diversified and allows for each citizen to support themselves via continual income from their work.

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Rising living costs exposing more families to poverty, report finds

Rising living costs exposing more families to poverty, report finds | poverty_marcus tng | Scoop.it
LIVING costs for some Australian households have far outpaced CPI figures over the past six years, exposing more people to the risk of poverty, a new report says.

Via Michael Chitty
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Coven Chong Weng's curator insight, February 3, 2013 8:57 AM

I see that one of the reasons of poverty is because of unemployment going on and also the salary being too low that is not enough for the people's spendage of their basic needs and daily neccessities. I wonder if government have introduce new industries to secure jobs and also to lessen the unemplyment rate .

Roshini Sykes's curator insight, February 4, 2013 9:44 AM

the costs for the substantial needs of daily necessacities have been increasing rapidly which is causing poverty to many families. they have been having a lack of a few things that were once affordable and now expensive.by increasing the price of everything like this there is also going to be a loss in the market as many families are unable to afford the high cost. 

Lynn Keok's curator insight, January 17, 2014 4:10 AM

Prices of essential items are rising and low income families are struggling to make ends meet, leaving themselves with no savings. Even though the government is trying to help the situation by offering alternative payment options and reviewing taxation and concessions, will this be enough to eliminate poverty in that country? I wonder how the people who control the prices would react when they hear about the people who are barely making ends meet, and what will they do about it?