Poverty: Proposing Solution Essay Example

For centuries Poverty has been a severe issue that has troubled many countries around the world. According to World Bank poverty is hunger, it is sick and being unable to see a doctor. It is powerlessness, lack of representation and freedom (2009). In 2013 it was estimated that almost half the world-over three billion people lived on less than $ 2.50 a day. While there has been a decline in the poverty percentages around the globe, about 10.9 % of the world still lives on less than $ 2 a day. The menace that is poverty is a human-made predicament which can and should be overcome by the same human beings that cause it. Several possible solutions will be outlined on the possible solutions to poverty.

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Allocation of proper time and resources is a significant solution. Improper planning, small volunteer work, money as well as insufficient time allocation are some of the factors that have contributed to the very existence of global poverty. Currently, nearly two million children lives are lost every year in the undeveloped countries. Developed nations should be actively involved in helping this nation bridge the ever-widening poverty gap. Detailed plans and projects should be set out to help lessen the menace. Additionally, there should be follow-ups on the same projects to help monitor progress because in most cases initiatives are kick-started, but due to the high incidences of corruption in the underdeveloped countries, the plans do not see the end of the day.

Secondly, Microfinancing is paramount. Provision of the smallest amount of credits can go a long way in solving global poverty if made easily accessible Larger amounts of loans, regulation of better repayments rates for women. Arguably women are mainly nurturers and empowering them with such facilities would guarantee the wellbeing of the society. They are also considered less likely to default on credit. Microfinancing can help advance the welfare of the community through the provision of clean water and sanitation as well as improve health. This can also help create jobs which would eventually translate to the sustainability of the developing nations.

Mental health welfare should also be a crucial concern as a poverty solution. The impacts of mental disorders have severe and far-reaching social effects. These effects include unemployment and reduced income which has a trickle-down effect to high rates of imprisonment, poor educational opportunities not forgetting to mention homelessness. Accessible and useful services such as employment opportunities, accommodation, monitored education as well as the protection of their human rights should be provided to people with mental health conditions. Conversations about mental health in most countries specifically in Africa have over the years been considered a taboo, and therefore this should be one of the most critical strategic solutions to poverty. This would positively help improve their living conditions while ensuring that their needs are catered for.

One of the essential elements of democracy is transparency. Nations should eradicate corruption in their systems of government as well as in their operation. This would be effective if the developed countries were involved in ensuring accountability and transparency amongst their developing counterparts. This would ensure that their citizen's needs are well taken care of with the right amount of financial boost. Most developing countries end up losing their grants due to the unaccountability as well as misappropriation of funds. There should be actively involved and fair system of monitoring of such nations to ensure that the well-deserved citizens benefit from this grants. Additionally, economic literacy of the countries' citizens should be encouraged to provide that they would be in a position to challenge as well as express dissatisfaction of those individuals responsible for corruption in their governments.

Lastly, infrastructure for practical, well- managed poverty alleviation activities should be well set up. There should be a reasonable measure to monitor success as well as the lessons learned from the experience attained. This would ensure specificity in the programs tailored to solve a specific problem. This is a solution that would mainly recognize poverty as a complex set of issues.Thi8s assessment strategy would ensure that individuals in society are to learn concrete answers to their problems as well as improve on their missteps. Currently, the approach used would be considered useless in the context of figuring out the actual issues as well as addressing them. Therefore, this is a practical solution both at the community and the national level.

According to the Rainforest Action Network,2010 the oil pollution in Equador is "one of the largest environmental disasters in history." This resulted in increasing illnesses among the locals not forgetting to mention the displacement of the residents which left most people without a source of income hence poverty. In March 2018 The Ecuadorian government brought together several groups to try and come up with a five-year plan driven towards sustainability. An interministerial agreement established the inter-institutional committee for sustainable palm monitoring (CIPS) together with three technical working groups, each with specific angles were tasked with the duty of working together to ensure proper development and providing solutions to the impacts caused to the community due to the illnesses as well as loss of income. They are set to come up with good agricultural practices as well as provide incentives in the form of tax breaks from the government only on condition that the funds from this endeavor are used to support smallholders switch to better and more sustainable practices. (Michail 2018)

Works cited

Brookings - Quality. Independence. Impact, www.brookings.edu/wp-content/uploads/2012/04/bane_paper.pdf.

cdn.worldslargestlesson.globalgoals.org/2016/05/Global-Poverty-Requires-Local-Solutions.pdf.

Foodnavigator.com. "Ecuador to Invest $1.2bn in Palm Oil Sustainability & Innovation: 'There is a Tremendous Opportunity Here?" Foodnavigator.com, 4 May 2018, www.foodnavigator.com/Article/2018/05/04/Ecuador-to-invest-1.2bn-in-palm-oil-sustainability-innovation-There-is-a-tremendous-opportunity-here