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However, most peasant communities of the global South depend primarily on agriculture for the main source of household income; as a result, while trade reforms would lead to “serious losses…to large, wealthy farmers in a few heavily protected sub-sectors” in the US, the aforementioned research groups estimate that poverty reduction could ...
According to Russia's State Statistics Service (Rosstat), Russia's poverty statistics equaled 14.3%, or 20.9 million people versus 13.9%, or 20.4 million people, in the first three months of 2018. [54] The causes of poverty in Russia are complex: a shrinking economy, inflation, falling oil prices and in a rise in "consumer prices".
Supranational Element: The Court can rule against the government of a State Party it finds has violated the American Convention on Human Rights. Judgements of the Court as to remedies for rights violations are binding on States Parties. [6] [7] 2 States may accept compulsory jurisdiction of contentious cases through declaration.
Why Nations Fail: The Origins of Power, Prosperity, and Poverty, first published in 2012, is a book by economists Daron Acemoglu and James A. Robinson, who jointly received the 2024 Nobel Economics Prize (alongside Simon Johnson) for their contribution in comparative studies of prosperity between nations.
Economic institutions such as competitive markets, credible contracts and systems of property rights allow economic agents to pursue the economic activities which form the basis of growth. It has been argued that the presence or absence of strong economic institutions is a primary determinant of development.
The Lagos state government flattened Badia East in February 2013 to clear land in an urban renewal zone financed by the World Bank, the global lender committed to fighting poverty. The neighborhood’s poor residents were cast out without warning or compensation and left to fend for themselves in a crowded, dangerous city.
The Bottom Billion: Why the Poorest Countries are Failing and What Can Be Done About It is a 2007 book by Paul Collier, Professor of Economics at Oxford University, exploring the reasons why impoverished countries fail to progress despite international aid and support. In the book Collier argues that there are many countries whose residents ...
The resource curse, also known as the paradox of plenty or the poverty paradox, is the hypothesis that countries with an abundance of natural resources (such as fossil fuels and certain minerals) have lower economic growth, lower rates of democracy, or poorer development outcomes than countries with fewer natural resources. [1]