The poor have no choice: poverty is a by-product of human greed and comes at the expense of others. Sticking to this principle, we need to try and understand economic development and its contradictions.
Many post-exit models have been examined and hotly debated as the right path for the UK - the Australian points-based system, the Norwegian model of integration, Switzerland’s special status, or even a unique combination of all. Is a winning strategy closer to Britain's shores, at the heart of which is prioritisation of the domestic electorate and their needs, concerns and aspirations, first and foremost, in all policy choices, rather than those of external stakeholders.
Daily practices in far away places affect us more than ever before. Citizens carry pain, suffering and even death of children daily in our bags and pockets. The batteries of smartphones, tablets and other portable electronic devices, without which we can no longer live or communicate effectively with one another, are powered by cobalt mined in places like the Democratic Republic of the Congo (DRC), by children as young as 4.
Cash transfers have gained immense popularity among policymakers as a key for improving the standards of living of the poorest members of communities around the world. They are considered relatively easy to administer, in comparison to subsidies and in-kind transfers, and the general response towards cash transfers, conditional or unconditional, has been positive. A large part of their popularity can be attributed to their strong focus on children’s wellbeing and human capital attainment, and their ability to target a number of social and economic issues that households face under one policy (income, health, education, etc). However, when evaluating them as a long-term solution to global poverty, the evidence is quite mixed. Albeit being a smart tool to raise the standards of living of the poor in terms of education, health, and income, using them with the hopes of eradicating poverty from communities altogether may be overambitious and policymakers focusing too much on these transfers may be wrongfully selling them as tools of complete poverty eradication.
Trump has gained support by addressing what many American politicians have failed to: the disastrous economic consequences of globalisation on U.S. manufacturing economy and failed trade deals. However, his plans to lower taxes for large companies is surely at the expense of those lower down in the supply chain. Trump’s proposed policies for ‘making American Great again’ are a reflection of his personal strategies, of protecting those at the top. He aspires to run the country as if it were a business rather than a government faced with issues beyond that of taxes and immigration.
There is no denying the importance of high-technology industries in increasing economic growth. It is a channel through which most economies have recovered themselves after periods of decline. However, when welfare is also an important goal, other form of interventions like education, skills development, and increased connectivity through better infrastructure are needed alongside the expansion of the high-technology industry as they would make way for productive employment of the poor and would then help to improve their economic standing in the economy.
Since 2008, an estimated one person has been displaced by a disaster every second, with an average of 26.4 million people displaced each year by climate or weather-related events, with many countries experiencing human mobility issues right now.
- By Michelle Arellano
There is a dominance of a political elite in India who does not care for the voices of the weaker and discriminated. There needs to be more cooperation for progress and prosperity for all.
- By Harasankar Adhikari
Figures can be ambiguous when it comes to measure and evaluate social phenomena. So, even some commonly used indicators, such as the Corruption Perceptions Index, can sometimes be misleading
- By Nanase Tonda