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WORLD POVERTY. The Standard “Shocking Stats” Half of the World Lives on Less Than $2.50/Day 95%: Less Than $10/Day GDP of the 41 “HIPC” Countries Less.

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Presentation on theme: "WORLD POVERTY. The Standard “Shocking Stats” Half of the World Lives on Less Than $2.50/Day 95%: Less Than $10/Day GDP of the 41 “HIPC” Countries Less."— Presentation transcript:

1 WORLD POVERTY

2 The Standard “Shocking Stats” Half of the World Lives on Less Than $2.50/Day 95%: Less Than $10/Day GDP of the 41 “HIPC” Countries Less Than Combined Wealth of World’s 7 Richest People

3 It’s Not Getting Any Better The Widening Gap More Than 80% of World’s Population Lives In Country With Widening Gap The Richest Country Also Owns Widest Gap 9 Million+ Millionaires in U.S. (2006) Richest 1% Own 38% of Wealth National LevelInternational Level Distance Between Richest/Poorest Countries: 1820 --- 3:1 1913 --- 11:1 1950 --- 35:1 1973 --- 44:1 1992 --- 72:1

4 It’s Not Getting Any Better The Widening Gap More Than 80% of World’s Population Lives In Country With Widening Gap The Richest Country Also Owns Widest Gap 9 Million+ Millionaires in U.S. (2006) Richest 1% Own 38% of Wealth National LevelInternational Level Distance Between Richest/Poorest Countries: 1820 --- 3:1 1913 --- 11:1 1950 --- 35:1 1973 --- 44:1 1992 --- 72:1

5 It’s Not Getting Any Better The Widening Gap More Than 80% of World’s Population Lives In Country With Widening Gap The Richest Country Also Owns Widest Gap 9 Million+ Millionaires in U.S. (2006) Richest 1% Own 38% of Wealth National LevelInternational Level Distance Between Richest/Poorest Countries: 1820 --- 3:1 1913 --- 11:1 1950 --- 35:1 1973 --- 44:1 1992 --- 72:1

6 It’s Not Getting Any Better The Widening Gap More Than 80% of World’s Population Lives In Country With Widening Gap The Richest Country Also Owns Widest Gap 9 Million+ Millionaires in U.S. (2006) Richest 1% Own 38% of Wealth National LevelInternational Level Distance Between Richest/Poorest Countries: 1820 --- 3:1 1913 --- 11:1 1950 --- 35:1 1973 --- 44:1 1992 --- 72:1 World Bank: Poverty Decline Since 1981

7 It’s Not Getting Any Better The Widening Gap More Than 80% of World’s Population Lives In Country With Widening Gap The Richest Country Also Owns Widest Gap 9 Million+ Millionaires in U.S. (2006) Richest 1% Own 38% of Wealth National LevelInternational Level Distance Between Richest/Poorest Countries: 1820 --- 3:1 1913 --- 11:1 1950 --- 35:1 1973 --- 44:1 1992 --- 72:1 World Bank: Poverty Decline Since 1981 China: 85% to 15.9% World: ~10%

8 Important to the World? Millennium Developmental Goals (MDGs): #1 Eradicate Extreme Poverty & Hunger #8 Develop Global Partnership for Development

9 Important to the World? Millennium Developmental Goals (MDGs): #1 Eradicate Extreme Poverty & Hunger #8 Develop Global Partnership for Development Stronger Link Than Usually Acknowledged

10 Hungry People World Food Shortage? 1/3 of World’s Starving People in India 1999: 10 Million Ton Food Grain Surplus 2000: 60 Million Tons

11 Hungry People World Food Shortage? 1/3 of World’s Starving People in India 1999: 10 Million Ton Food Grain Surplus 2000: 60 Million Tons - Most Left in Granaries to Rot -

12 Hungry People World Food Shortage? Ethiopia was exporting green beans to Europe during 1980s famine

13 Hungry People Food is Commodity - Not Something Grown To End Hunger Poor do not have purchasing power to change patterns of consumption

14 Hungry People Food is Commodity - Not Something Grown To End Hunger Poor do not have purchasing power to change patterns of consumption People are not hungry due to lack of food They’re hungry because they don’t have money

15 Blame? Food Dumping Instead of self-sufficiency, creates dependancy Undercuts local farmers

16 Blame? Food Dumping Instead of self-sufficiency, creates dependancy Undercuts local farmers USAID: $50M Aid to Zimbabwe Contingent on purchase of genetically-modified maize Providing a market for the unmarketable

17 Blame? Food Dumping Instead of self-sufficiency, creates dependancy Undercuts local farmers USAID: $50M Aid to Zimbabwe Contingent on purchase of genetically-modified maize Providing a market for the unmarketable Globalization Super-labels contract production to weak economies Drop in standard of living and purchasing power

18 Blame? Food Dumping Instead of self-sufficiency, creates dependancy Undercuts local farmers USAID: $50M Aid to Zimbabwe Contingent on purchase of genetically-modified maize Providing a market for the unmarketable Globalization Super-labels contract production to weak economies Drop in standard of living and purchasing power Corruption Rich countries encourage the behavior Cold War, concessions/bribes, drug trade

19 Who Cares?

20 Bleeding Heart Granola Eating Tree Huggers

21 Who Care? Bleeding Heart Granola Eating Tree Huggers Environmental damage from land misuse - Demand for textiles, flowers, tobacco, etc Should v

22 Bleeding Heart Granola Eating Tree Huggers Environmental damage from land misuse - Demand for textiles, flowers, tobacco, etc You, if you’re not filthy rich Who Care? Should v

23 What’s Being Done? HIPC, MDRI Takes away ability to control economic future Forced to export resources to pay debt Health, education, welfare take the hit $1 aid - - - - - $25 debt repayment Debt: “efficient tool...to ensure access to other people’s raw materials and infrastructure on the cheapest possible terms”

24 “Spiraling Race To The Bottom” Role of the state declines Export more to pay debt Increasing entries to global market Value drops Western customers benefit Reduction in consumption Social unrest/instability Foreign investors pull-out

25 What Should Be Done?

26 All sorts of ideas floating around...

27 What Should Be Done? Changes in Western consumerism All sorts of ideas floating around...

28 What Should Be Done? Changes in Western consumerism Stop giving fish and start teaching how to fish All sorts of ideas floating around...

29 What Should Be Done? Changes in Western consumerism Stop giving fish and start teaching how to fish Stimulate demand side in third-world Empower workers to stand up for rights Foster democratically-elected, corruption-resistant governments Regulate human rights Enforce environmental regulations All sorts of ideas floating around...

30 What Should Be Done? Changes in Western consumerism Stop giving fish and start teaching how to fish Stimulate demand side in third-world Empower workers to stand up for rights Foster democratically-elected, corruption-resistant governments Regulate human rights Enforce environmental regulations Legalize Drugs All sorts of ideas floating around...

31 What Should Be Done? Changes in Western consumerism Stop giving fish and start teaching how to fish Stimulate demand side in third-world Empower workers to stand up for rights Foster democratically-elected, corruption-resistant governments Regulate human rights Enforce environmental regulations Legalize Drugs All sorts of ideas floating around... Realize that a “healthy, well-fed, literate population...is the most intelligent economic choice a country can make”

32 What Will Be Done?

33 Questions? Kill MiGs


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