Development: So often mentioned, yet so rarely defined or discussed in concrete terms. The idea of economic development is fairly simple: Essentially, the international improvement of the quality of life and economic capacity of people around the globe. Encompassing both economic as well as social advancement, global development is extremely complex, and there are a … Read more
Ending poverty at first seems near impossible, with the global scale of the problem overwhelming and tragic. Many think that poverty exists because of the corruption of governments and the inability or unwillingness of the poor to work; this is very much not the case. Poverty depends on more factors than that, but ending poverty … Read more
This vicious circle of poverty is what many call a poverty trap. The concept of a poverty trap is crucial to understanding why foreign aid is necessary to lift impoverished countries out of stagnation. A poverty trap is anything that perpetuates poverty and is self-reinforcing. For example, the prevalence of malaria in the African Sahel … Read more