Tag: Poverty

Blood and Sweat

The Story of an Average Chinese Farmer Ever since Deng Xiaoping reformed China’s economy in 1978, the Communist country has been enjoying rapid economic growth. An industrial powerhouse, China has quickly established itself as a global player in international politics. But behind this veiled economic growth lie vast income inequalities that span across the majority …

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Dharavi – Beyond the Slum

Poverty and Economic Development in Asia’s Largest Slum. What is it about slum areas that intrigue people? Is it the constricted spaces that some call home while others call hell? Or the vibrant colors that fill the narrow alleys andshops? Slums have always had a certain aura that surrounds them, which makes people take a …

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“Poverty Trap” or “Dead Aid”?

For decades, economists, historians, scholars and the like have studied economic development on the continent of Africa, seeking to explain what factors account for the region’s slow growth. From my own research, two interesting schools of thought have emerged: the concept of the “Poverty Trap” as purported by venerated economist and director of the UN …

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Farm Subsidies in Africa and USA

Following my previous blog discussing how rich-country agricultural subsidies hurt developing countries in Africa, this video provides a picture of the ways some African farmers are struggling to sustain themselves. While Subsidizing Poverty (Part One) discusses how rich-country subsides contribute to poverty through price depreciation, this video explains how subsidies implemented by poor countries actually …

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