Running Head : Economic Causes of PovertyNameUniversityCourseTutorDatePoverty is the deprivation of necessities that that determine the woodwind instrument of life . These necessities comprises of the basic human needs and better shelter which directly influences the type of employment and income earned and enable star to fight pauperization . In October 2008 World Bank revise the meagreness line to 1 .25 US sawhorse per day from 1 US vaulting horse per day . After gild of the poorness line measure , an estimated 1 .4 billion script were found to live at this pauperization line or at a lower place (Otlin 2008There is an upward poverty trend for instance in 2004 , 984 million people were living on or below the line of measure i .e . 1 US dollar whereas in 1981 , 1 .9 million were living on or below the poverty line (Weaver Park , 2007 .
Among other causes of poverty , frugal causes which include capital flight , unemployment , low income , partial property laws and unfair trade has really made poverty alleviation in developing countries a complicated go out despite the efforts of these countries to fight against povertyRapid flow of money outside a country or any other assets commonly hold up as capital flight is a major economic cause of poverty . In most cases the movement is stack up to instability and reduced returns . Investors move their money from one investiture to another , either within the same country or to a differ ent country to avoid high air and search f! or stability and increased returns . Capital flight...If you want to brook a full essay, order it on our website:
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