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Overview:
Reaching the poorest |
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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.
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Opportunity
is not enough |
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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 ...
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| 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 ...
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"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


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!
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