Global Economic Problems

The United Nation’s goal for 2030 is to strive towards eliminating as much poverty as possible. Even though as the years go on poverty is slowly decreasing, it is not as much as hoped. “More than 800 million people are being affected by poverty and amazingly living off an average of only $1.25 per day” (United Nations, para. 1).

Developing countries face many issues that developed countries don’t have to worry about. From structural problems within the government, to issues with feeding their citizens these countries struggle with what appears to be basic survival issues. In comparison to developed countries, citizens of developing countries life expectancy is shorter, This doesn’t mean that they lack the resources needed to succeed, a majority of these countries just lack the ability to manage their resources efficiently. Corruption, exploitation and lack of a stable economy prevent these developing countries from transitioning from developing to a developed nation .

In 2015, the United Nations (UN) created a set of 17 goals, which they said were necessary to achieve to ensure worldwide human development. The final goal is that as countries strive to meet the goals, they become more developed, and as they develop, the standard of living for citizens increases too. It is important to strive for all the goals, but there are two that are necessary in accomplishing first and that will lead to achieving of the rest of the goals. These two goals are quality education and decent work and economic growth. These two are extremely important in accomplishing because the pave the way to reaching the goal of all 17 more obtainable.

A New York Times by Rachel Cernansky article explains the steps that some African and Asian nations, specifically Kenyans are doing to better their

When most people think of global poverty, “progress” is not usually the first word that appears in their mind. However, evidence shows that global poverty rates over time should prompt a sigh of relief because the world is on the right path towards ending global poverty.

The United Nations Development Program is a global development network tasked with the responsibility of advocating for change in various countries. The body works to eradicate poverty and reduce inequalities through sustainable development. Several dimensions including health, education and income measure human development. Each of the three dimensions has their specific indicators. This exposition will compare the data on two countries and explain why they rank in different categories.

The BRICS as developing countries have more recently industrialized than developed ones, however they are considered to be emerging economically at a very fast rate along with having a growing impact and weight on the international scale. Nevertheless, those countries are highly vulnerable and affected by poverty and inequalities, jeopardizing their capacity to have some sort of control in global institutions (Miles Kahler, 2013, page 721). Some of the most important issues developing countries encounter, slowing down their growths are related to poverty along with inequality. This is the reason why certain worldwide institutions such as the World Bank set objectives, in an attempt to lift people out of poverty and decrease inequalities among

From the start in 1945, one of the main priorities of the United Nations was to achieve international co-operation in solving international problems of an economic, social, cultural, or humanitarian character and in promoting and encouraging respect for human rights and for fundamental freedoms for all without distinction as to race, sex, language, or religion. Improving people’s well-being continues to be one of the main focuses of the UN. The global understanding of development has changed over the years, and countries now have agreed that sustainable development that promotes prosperity and economic opportunity, greater social well-being, and protection of the environment offers the best path forward for improving the lives of people

The UN document’s main focus was about social justice. “Social Justice is [the] foundation for national stability and global prosperity” (United Nations, 2011, para. 2). Highlighted the needs of basic security, equal opportunity for men and women, access to public services, and decent employment opportunities. Maximizing potentials of people that are unemployed will prevent them from living in poverty and being left behind if economies grow further.

In 2000, United Nations announced the Millennium Declaration for global development and committed to achieve eight Millennium Development Goals (MDGs) by 2015 (United Nations, 2000). Over the past 15 years, by reviewing and reflecting the failures and success of these ambitious goals (Childs, 2015), the debate about international giving continues. To support the stance about “the U.S. government and NGOs should stop aiding more to foreign countries,” this memo will briefly indicate this stand. In order to be well prepared for our debate, this note could provide a brief outline for this point of view.

There are some countries in this world with a GDP less than $750, with populations earning less than $1 a day, life expectancies barely reaching past 40 years old and devastatingly poor levels of health care, school enrolment and adult literacy rates. These are the defining indicators of people living in low developing countries (LDC’s). Populations living in poverty and the majority with an income too small to accommodate their basic needs and the resources in the national economy, even when equally distributed are not enough to provide a sustainable living for the population. Of the 50 countries recognised as LDC’s, 33 are found in Africa, south of the Sahara with 374 million living on an income of less than $2 a day. It seems that

The first step to any problem solving process is examining the scope of the task and educing any complications of proposed solutions. Above all the chaos and mess begetted from the current policies today, it is helpful to unravel and understand what global poverty is. However, poverty is not easy to define because “national poverty lines vary greatly across the world, from under $1 per person per day to over $40” (Ravallion). Because of cultural peculiarities, most of today’s problems relate to different issues such as accessibility to basic needs, adequate health and nutrition, and other problems that may be present in one country but not in another.

Unfortunately, it was estimated that roughly 1.2 billion people in 1993 lived in extreme or absolute poverty, that which Robert McNamara regards “‘a condition of life so characterized by malnutrition, illiteracy, disease, squalid surroundings, high infant mortality and low life expectancy as to be beneath any reasonable standard of human dignity’” (Singer 219, 220). These estimates can be projected at nearly 2 billion today. A large majority of the people living in absolute poverty resides in underdeveloped countries. Among the nearly 4.4 billion people in these countries, “3/5 lives in societies lacking basic sanitation; 1/3 go without safe drinking water; 1/4 lack adequate housing; 1/5 are undernourished, and 1.3 billion live on less than $1 a day” (Speth 1).

Hello fellow United Nations members, it is an honour to be here. While the MDG’s can be considered a global success as they have enhanced the lives of many people within developing nations, it is still important to note that there are still glaring factors in developing countries that are holding them back. Therefore, it is important that we take note of these factors and try to work on them in order to improve the lives of everyone within these countries. A country that I strongly believe needs to be focused on is Uganda. Hence, in this speech, I will analyse the characteristics that have inhibited development in line with the United Nations MDG’s and address the progress of Uganda. By the end of the speech, the recommended appropriate strategies to achieve the goals/improve on them will be provided. It is hypothesised that although corruption and Civil War have held Uganda back, social influences along with poverty has stopped Uganda from reaching all their goals.

examples all over the world, especially in Africa. The MDGs were unable to be met