WORLD POVERTY

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WORLD POVERTY
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The Standard Shocking Stats

• Half of the World Lives on Less Than 2.50/Day
• 95 Less Than 10/Day
• GDP of the 41 HIPC Countries Less Than Combined
  Wealth of Worlds 7 Richest People

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Its Not Getting Any BetterThe Widening Gap
National Level
International Level

• More Than 80 of Worlds Population Lives In
  Country With Widening Gap
• The Richest Country Also Owns Widest Gap
• 9 Million Millionaires in U.S. (2006)
• Richest 1 Own 38 of Wealth

• Distance Between Richest/Poorest Countries
• 1820 --- 31
• 1913 --- 111
• 1950 --- 351
• 1973 --- 441
• 1992 --- 721

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Its Not Getting Any BetterThe Widening Gap
National Level
International Level

• More Than 80 of Worlds Population Lives In
  Country With Widening Gap
• The Richest Country Also Owns Widest Gap
• 9 Million Millionaires in U.S. (2006)
• Richest 1 Own 38 of Wealth

• Distance Between Richest/Poorest Countries
• 1820 --- 31
• 1913 --- 111
• 1950 --- 351
• 1973 --- 441
• 1992 --- 721

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Its Not Getting Any BetterThe Widening Gap
National Level
International Level

• More Than 80 of Worlds Population Lives In
  Country With Widening Gap
• The Richest Country Also Owns Widest Gap
• 9 Million Millionaires in U.S. (2006)
• Richest 1 Own 38 of Wealth

• Distance Between Richest/Poorest Countries
• 1820 --- 31
• 1913 --- 111
• 1950 --- 351
• 1973 --- 441
• 1992 --- 721

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Its Not Getting Any BetterThe Widening Gap
National Level
International Level

• More Than 80 of Worlds Population Lives In
  Country With Widening Gap
• The Richest Country Also Owns Widest Gap
• 9 Million Millionaires in U.S. (2006)
• Richest 1 Own 38 of Wealth

• Distance Between Richest/Poorest Countries
• 1820 --- 31
• 1913 --- 111
• 1950 --- 351
• 1973 --- 441
• 1992 --- 721

World Bank Poverty Decline Since 1981
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Its Not Getting Any BetterThe Widening Gap
National Level
International Level

• More Than 80 of Worlds Population Lives In
  Country With Widening Gap
• The Richest Country Also Owns Widest Gap
• 9 Million Millionaires in U.S. (2006)
• Richest 1 Own 38 of Wealth

• Distance Between Richest/Poorest Countries
• 1820 --- 31
• 1913 --- 111
• 1950 --- 351
• 1973 --- 441
• 1992 --- 721

World Bank Poverty Decline Since 1981

• China 85 to 15.9
• World 10

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Important to the World?

• Millennium Developmental Goals (MDGs)
• 1 Eradicate Extreme Poverty Hunger
• 8 Develop Global Partnership for Development

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Important to the World?

• Millennium Developmental Goals (MDGs)
• 1 Eradicate Extreme Poverty Hunger
• 8 Develop Global Partnership for Development

Stronger Link Than Usually Acknowledged
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Hungry People

• World Food Shortage?
• 1/3 of Worlds Starving People in India
• 1999 10 Million Ton Food Grain Surplus
• 2000 60 Million Tons

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Hungry People

• World Food Shortage?
• 1/3 of Worlds Starving People in India
• 1999 10 Million Ton Food Grain Surplus
• 2000 60 Million Tons

- Most Left in Granaries to Rot -
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Hungry People

• World Food Shortage?
• Ethiopia was exporting green beans to Europe
  during 1980s famine

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Hungry People

• Food is Commodity - Not Something Grown To End
  Hunger
• Poor do not have purchasing power to change
  patterns of consumption

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Hungry People

• Food is Commodity - Not Something Grown To End
  Hunger
• Poor do not have purchasing power to change
  patterns of consumption

People are not hungry due to lack of
food Theyre hungry because they dont have money
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Blame?

• Food Dumping
• Instead of self-sufficiency, creates dependancy
• Undercuts local farmers

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Blame?

• Food Dumping
• Instead of self-sufficiency, creates dependancy
• Undercuts local farmers

• USAID 50M Aid to Zimbabwe
• Contingent on purchase of genetically-modified
  maize
• Providing a market for the unmarketable

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Blame?

• Food Dumping
• Instead of self-sufficiency, creates dependancy
• Undercuts local farmers

• USAID 50M Aid to Zimbabwe
• Contingent on purchase of genetically-modified
  maize
• Providing a market for the unmarketable

• Globalization
• Super-labels contract production to weak
  economies
• Drop in standard of living and purchasing power

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Blame?

• Food Dumping
• Instead of self-sufficiency, creates dependancy
• Undercuts local farmers

• USAID 50M Aid to Zimbabwe
• Contingent on purchase of genetically-modified
  maize
• Providing a market for the unmarketable

• Globalization
• Super-labels contract production to weak
  economies
• Drop in standard of living and purchasing power

• Corruption
• Rich countries encourage the behavior
• Cold War, concessions/bribes, drug trade

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Who Cares?
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Who Cares?

• Bleeding Heart Granola Eating Tree Huggers

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Who Care?
Should
v

• Bleeding Heart Granola Eating Tree Huggers

Environmental damage from land misuse
- Demand for textiles, flowers, tobacco, etc
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Who Care?
Should
v

• Bleeding Heart Granola Eating Tree Huggers

Environmental damage from land misuse
- Demand for textiles, flowers, tobacco, etc

• You, if youre not filthy rich

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Whats Being Done?

• HIPC, MDRI

Takes away ability to control economic future
Forced to export resources to pay debt
Health, education, welfare take the hit
1 aid - - - - - 25 debt repayment

• Debt efficient tool...to ensure access to other
  peoples raw materials and infrastructure on the
  cheapest possible terms

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Spiraling Race To The Bottom
Role of the state declines
Export more to pay debt
Increasing entries to global market
Value drops
Western customers benefit
Reduction in consumption
Social unrest/instability
Foreign investors pull-out
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What Should Be Done?
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What Should Be Done?
All sorts of ideas floating around...
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What Should Be Done?
All sorts of ideas floating around...
Changes in Western consumerism
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What Should Be Done?
All sorts of ideas floating around...
Changes in Western consumerism
Stop giving fish and start teaching how to fish
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What Should Be Done?
All sorts of ideas floating around...
Changes in Western consumerism
Stop giving fish and start teaching how to fish
Stimulate demand side in third-world
Empower workers to stand up for rights
Foster democratically-elected, corruption-resistan
t governments
Regulate human rights
Enforce environmental regulations
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What Should Be Done?
All sorts of ideas floating around...
Changes in Western consumerism
Stop giving fish and start teaching how to fish
Stimulate demand side in third-world
Empower workers to stand up for rights
Foster democratically-elected, corruption-resistan
t governments
Regulate human rights
Enforce environmental regulations
Legalize Drugs
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What Should Be Done?
All sorts of ideas floating around...
Changes in Western consumerism
Stop giving fish and start teaching how to fish
Stimulate demand side in third-world
Empower workers to stand up for rights
Foster democratically-elected, corruption-resistan
t governments
Regulate human rights
Enforce environmental regulations
Legalize Drugs
Realize that a healthy, well-fed, literate
population...is the most intelligent economic
choice a country can make
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What Will Be Done?
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Questions?
Kill MiGs