Poverty

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Poverty is most commonly understood as the condition of having little money and few material possessions. In international development and public policy literature, poverty is economic deprivation. While some define poverty primarily in economic terms, others consider social and political arrangements to be intrinsic. Debate on the causes, effects, and measurement of poverty directly influences the design and implementation of poverty reduction programs, and is thus important to the fields of international development and public administration. Although poverty is generally considered to be undesirable, because of the pain and suffering that may accompany it, in certain spiritual contexts, it may be seen as a virtue because voluntary poverty involves the renunciation of material goods.

Rich and Poor

• The selfishness of rich trading nations and the continuing impact of loans and debt servicing on poorer nations is denying them the chance to develop their economies to viability. Most aid does not achieve this and some, such as the dumping of food-surpluses can even cause long-term damage to local agriculture.

One of the UN millennium goals which is: Eradicate extreme poverty and hunger.

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