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Theories on the causes of poverty are the foundation upon which poverty reduction strategies are based. While in developed nations poverty is often seen as either a personal or a structural defect, in developing nations the issue of poverty is more profound due to the lack of governmental funds.
The Poverty-Growth-Inequality Triangle was originally introduced by Bourguignon in a paper presented at the Conference on Poverty, Inequality and Growth in Paris on November 13, 2003. A modified version of the paper was presented at the Indian Council for Research on International Economic Relations in New Delhi on February 4, 2004. [2]
Relative poverty refers to individuals or entities that do not meet minimum standards versus others in the same area, place and time. A lot of poorer economies can have both absolute and relative poverty affecting its respective people. Relative poverty generally exists more in advanced economies. [3] [4]
Human development theory is a theory which uses ideas from different origins, such as ecology, sustainable development, feminism and welfare economics. It wants to avoid normative politics and is focused on how social capital and instructional capital can be deployed to optimize the overall value of human capital in an economy.
Diaz traces the growth of global poverty back to colonization in the 15th century, and features interviews with a number of economists, sociologists, and historians who explain how poverty is the clear consequence of free-market economic policies that allow powerful nations to exploit poorer countries for their assets and keep money in the ...
In terms of information, Politizane's video isn't offering anything new: Its analysis of American perceptions of wealth distribution, the line between rich and poor and the issue of America's ...
The social determinants of health in poverty describe the factors that affect impoverished populations' health and health inequality. Inequalities in health stem from the conditions of people's lives, including living conditions , work environment, age , and other social factors, and how these affect people's ability to respond to illness . [ 1 ]
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