Home Agenda Current Work Past Projects Past Featured Articles Links
Links Past Featured Articles Past Projects Current Work Agenda Home
 

 

Overview: Reaching the poorest

 

With delivery of the political commitment accepted by governments at the 1995 Social Summit in Copenhagen, poverty elimination is achievable.

We also know that poverty elimination is affordable.

But with under ten years to go before 2015 – the target date for halving the proportion of people living in poverty under the MDG strategy – we know that even if these goals are met in full, nearly a billion people will remain in poverty beyond that date.

Reaching the MDGs and eliminating chronic poverty means going beyond policies based on the notion that even the most disadvantaged can take advantage of the opportunities that globalisation provides for some.

If the ultimate aim of poverty elimination is to be realised by 2025, steps are needed now:

  • to harness the increasing public and political support for and momentum towards the goals
  • to build understanding of the factors that trap people and countries in chronic poverty
  • to address the inequalities and exploitation that keep people poor
  • to identify the key milestones that need to be reached in order to reach the 2015 goals and to ensure that children born in 2007 do not pass their poverty on to the next generation.

Opportunity is not enough

 

For the millions of people who sit outside the economic and social mainstream, the opportunities created by global development are not enough. Additional approaches are needed.

Chronically poor people need targeted support that puts them in a postion to take up opportunities. Being chronically poor isn't just about low income. It means not having the basic food, safe water, health or education required to take up the types of opportunity provided by economic growth.

Targeted assistance needs to take place in a framework that prioritises livelihood security. People living at the margins cannot afford risk when illness or crop failure can lead to a lifetime of destitution.

More ...

Social security and social insurance

Stratetgies such as cash transfers and social insurance can help the poorest manage risk, take opportunity, escape poverty and contribute to aggregate growth.

Human security and development are a standard part of the social and economic architecture of most developed countries. Now that we have a global economy, a logical extension of this would be to assume that there is a case for building international transfers between richer and poorer countries into the global architecture.

More ...

a

"The income of the 22 donor countries of the DAC in 2001 was US$20.2 trillion. Thus a transfer of 0.6% of donor income, amounting to US$124 billion, would in theory raise all 1.1 billion of the world's extreme poor to basic income level."
Jeffrey Sachs, The End of Poverty: Economic Possibilities for our Time, New York, 2005

1

Chronic Poverty Update July 2005

The Chronic Poverty Update, July 2005 provides some data on the affordability of poverty elimination. It is just one example of our work in this area. Please bear with us while we develop our site!

 

Development Initiatives 2007      
Search Archive Click for more Get reader