Related topics: children ยท developing countries

Progressive climate policy can reduce extreme poverty: study

Ambitious climate policies could reduce extreme poverty in developing countries if governments opted for robust taxes on emitters that were then fairly distributed to help the poor, new research showed Tuesday.

COVID lockdowns drove older Australians into energy poverty

Many of us who endured lockdowns in Australia are familiar with the surge in energy bills at home. But for older Australians who depend on the Age Pension for income, lockdowns drove many deeper into "energy poverty." Some ...

COVID-19 increased energy insecurity among low-income Americans

Nearly 4.8 million low-income American households were unable to pay an energy bill last year, a problem that intensified during the early months of the COVID-19 pandemic. Low-income Black and Hispanic households were especially ...

Historic snowfall chills Madrid slum to the bones

"We're not animals but dogs live better than us," sighs Lidia Arribas, who lives without electricity in a vast slum near Madrid where temperatures hit historic lows this week.

A third of U.S. families face a different kind of poverty

Before the pandemic, one-third of U.S. households with children were already "net worth poor," lacking enough financial resources to sustain their families for three months at a poverty level, finds new research from Duke ...

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Poverty

Poverty is the state of one who lacks a certain amount of material possessions or money. Absolute poverty or destitution is inability to afford basic human needs, which commonly includes clean and fresh water, nutrition, health care, education, clothing and shelter. About 1.7 billion people are estimated to live in absolute poverty today. Relative poverty refers to lacking a usual or socially acceptable level of resources or income as compared with others within a society or country.

For most of history poverty had been mostly accepted as inevitable as traditional modes of production were insufficient to give an entire population a comfortable standard of living. After the industrial revolution, mass production in factories made wealth increasingly more inexpensive and accessible. Of more importance is the modernization of agriculture, such as fertilizers, in order to provide enough yield to feed the population.

The supply of basic needs can be restricted by constraints on government services such as corruption, debt and loan conditionalities and by the brain drain of health care and educational professionals. Strategies of increasing income to make basic needs more affordable typically include welfare, accommodating business regulations and providing financial services. Today, poverty reduction is a major goal and issue for many international organizations such as the United Nations and the World Bank.

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