Category: Poverty

The bulk of the $1.21 trillion dollars that developing countries owed the rich countries by 1987 was largely accumulated unfairly through lopsided financial agreements. There are four major ways that have contributed directly to the significant debt that developing countries have accumulated over the years: high interest rates, tied aid, corruption, and historical debt. Until…

Poverty’s Chains: Eroding Children’s Fundamental Rights Poverty’s Multifaceted Grip: Beyond Economics to Dignity and Fundamental Rights In general, poverty is defined as a state of existence in which a person does not have the necessities of life. A poor person ‘lacks what he or she needs,’ and a poor child is a child who lacks…

Poverty and the Rising Tide of Female Economic Struggles: A Global Perspective The total number of people living in poverty worldwide is now over 1.3 billion. 70 percent of that 1.3 billion people are women and female-headed households (Marcoux, 1998, p. 131). That is 910 million women affected by poverty. The feminization of poverty is…