Tuesday, January 21, 2020

World Bank Report & World Development Report Essay example -- essays r

Starting from the year 1990, the international community has set up plans to eliminate poverty in the world by the year 2015 with a set of specific goals to be achieved by that date. These goals were set up according to the studies done beforehand, that showed where and what the major poverty areas and problems in the world were. These studies explained that although the poverty problem was extensive, there were several factors of which the crisis was mainly constituted. The first problem was extreme income poverty, with almost half the world's population living on less than $2 a day, and a fifth living on less than $1 daily. Another major problem was education, which encompassed many aspects. Not only wasn't primary education compulsory in many regions, but there were also problems regarding women getting equal education to men, due to cultural, social and economic barriers. The third main problem area was health, where child mortality rates, for example, were alarming; 'in rich countries fewer than 1 child in 100 does not reach its fifth birthday, while in the poorest countries as many as a fifth of the children do not'. After getting these goals in focus and setting these plans in motion, it was discovered that they weren't going as well as planned. It was found that the goals were pretty unrealistic compared to the conditions and the time period. For example, one of the goals was 'cutting income poverty by half'. This could only be achieved, if income poverty decreased by 2.7% annually between 1990 and 2015, which didn't happen, because studies showed that between 1990 and 1998, it decreased by only 1.7% annually. This failure to achieve the objectives was mainly because of the inequality of the world; inequality in distribution of income, inequality in cultural and religious conditions, inequality in practically too many facets of life to be able to control or conform to a generalized plan. So, from the outcome of this attempt and from going back to the reports of previous decades, a new strategy to eliminate poverty was laid out, based on three fundamental interrelated concepts that could be adapted to each community differently according to its individual conditions. These concepts are promoting opportunity, facilitating empowerment, and enhancing security. In promoting opportunity, the government plays an important role, in making it easy for ... ...le, it says that the governments have to improve their facilities and services, like health, education and infrastructure, so as to give the poor equal opportunities. In the WBR, on the other hand, it says that in needy countries, the World Bank actually finances and funds their infrastructure and educational programs. In the WBR it mentions many different things of this sort, while in the WDR it only clarifies the plan that should be adopted by the countries. Another difference is that in the WBR it is sort of dealing with clients that it wants to please and to better its performance for, and that its plan for reducing poverty, is only part of what it does, in order to reach this goal. The WDR was dealing with the poverty problem only, so I think it sounded more involved in it and more giving in attention to this problem only, using greater detail. I think that for the general public, the WDR is much easier laid out and written, with sufficient background information, plenty of detail and a more humanitarian side of the issue. The WBR is much more disordered, financially oriented, with much greater monetary detail and not much emphasis on the compassionate side of the problem.

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