EFFECTS OF POVERTY ON THE ECONOMY OF PAKISTAN CONTENTS INTRODUCTION. WHO ARE POOR. MEANING OF POVERTY. DIFFERENCE BETWEEN POOR & POOREST. POVERTY LINE. TYPES OF POVERTY.
CONTENTS SITUATION IN PAKISTAN CAUSES EFFECTS MEASURES CONCLUSION
INTRODUCTION In Islam, poverty is a great curse and unfortunate. Poverty is one of the most brutal and threatening curse . Pakistan is also feeling the heat from this curse and poverty .
MEANING OF POVERTY WHO ARE POOR Difference between Poor & Poorest The term poor mean those living in poverty above $1 per day . The poorest refers to people living on less than $1 per day . POVERTY LINE TYPES OF POVERTY Absolute poverty. Relative poverty. Cyclical poverty. Concentrated collective poverty. Case poverty.
SITUATION IN PAKISTAN Pakistan is one of the developing countries facing the extreme level of poverty. Almost 40 percent of 107 developing countries are highly exposed to the poverty. CAUSES OF POVERTY Vicious circle of poverty.
CAUSES OF POVERTY Government policies.
CAUSES OF POVERTY Government extra expenditures.
CAUSES OF POVERTY Corruption.
CAUSES OF POVERTY INFLATION
CAUSES OF POVERTY SMUGGLING
CAUSES OF POVERTY POPULATION CAUSES OF POVERTY UNEMPLOYEMENT EFFECTS OF POVERTY Poverty cause suicides in society Health problem Lack of education Child labor Crime and violence Sub-standard life Poverty breeds poverty
MEASURES Government should improve their policies. Government should make their policies in favor of Pakistan and Pakistani people. The full equality between men and women in public as well as private areas of life, a worldwide minimum wage of $20 per day and the end of child labor under the age of 16 with the creation of a subsidy for scholarship.
MEASURES The guarantee of shelter, healthcare, education, food and drinking water as basic human rights that must be provided free to all. Corruption should put to an end and Judiciary should take some action against corrupt people.
MEASURES Population rate should be controlled. Government should make policies to provide employment to the labor force. Smuggling should be stopped by enforcing law and order. Law and order must be improved to bring Foreign Direct Investment (FDI).
MEASURES Government should first think about the healthcare, education, energy crisis instead of defense and armory. We should rely on ourselves instead of IMF.
CONCLUSION The review of the above literature shows that poverty is still in Pakistan. Which is really a worrying situation for Pakistan for future progress. We still need to overcome it as soon as possible.