Professional Documents
Culture Documents
Dimensions of Poverty
Dimensions of Poverty
Dimensions of Poverty
roughly, a bloc of countries aligned with the United States after World War II, with more
or less common political and economic interests: North America, Western Europe, Japan
and Australia.
"Second World" refers to the former communist-socialist, industrial states, (formerly the
Eastern bloc, the territory and sphere of influence of the Union of Soviet Socialists
Republic) today: Russia, Eastern Europe (e.g., Poland) and some of the Turk States (e.g.,
Kazakhstan) as well as China.
"Third World" are all the other countries, today often used to roughly describe the
developing countries of Africa, Asia and Latin America.
The term Third World includes as well capitalist and communist (e.g., North Korea)
countries, as very rich (e.g., Saudi Arabia) and very poor (e.g., Mali) countries.
Dimensions of poverty
What do we mean by global poverty?
Dimensions of poverty:
The reason is that poverty is not a one dimensional phenomenon. It is multi dimensional.
The major measures of poverty we consider here are those that encompass:
Income
Health
Education
Empowerment
Working Conditions
A global imperative
Reducing extreme income poverty and extreme health poverty in the form of infant
mortality is a global imperative.
It is also an economic imperative, because, according to the research of the World Health
Organization, lower rates of infant mortality are associated with higher rates of economic
growth.
Types of glabization
1.Economic globalization: . Thus, globalization is predominantly an economic
process involving the transfer of economic resources form one country to another.
2.Cultural globalization: In the last few years the media owners of the West have
shown interest in entering developing countries.
3. Political Globalization :
Since long, efforts have been on to bring the whole world under one government.
The League of Nations and the UN have been the efforts in that direction. It is
believed that the world under one government will be safer and freer from conflicts:
The UN has denied expectations, but a number of regional organizations like
European Union,, ASEAN( Association of South East Asian Nations), APEC
(Asian Pacific Economic Cooperation) and SAARC (South Asian Association for
Regional Cooperation), and multicultural economic organizations such as WTO
have come up.
4. Financial Globalization