Showing posts with label 2/28/2014 3:00 am. Show all posts
Showing posts with label 2/28/2014 3:00 am. Show all posts

Friday, February 28, 2014

Blog #4, Aid shrinks as poverty grows

Analysis

This article discusses how Australia and neighboring countries are questioning the future of aid and international development.  This problem has arrived after a series of cuts to foreign aid budgets.  Despite all the substantial economic growth, the widening inequalities in income is creating a world of "have and have-nots", which government policies and programs do not reflect.  In November there was a conference hosted by The University of Technology in Sydney, Australia.  The conference was held on how to ensure the world's poorest people benefit from economic growth.  One of the professors at the conference said that "Poverty and inequality are being overlaid with global issues – climate change, natural disasters, declining resources and the urbanization of many developing countries,".  The main thing that people attending the conference were focusing on, was the announced cuts to Australia's national aid budget and the approaching end date in 2015 for the Millennium Development Goals.  They came together in hopes of finding new approaches to ending poverty.  Growth in foreign aid would be cut by $4.5 billion over the forward estimates to help fund essential infrastructure in Australia.  ACFID executive said that "despite a significant reduction in the number of people living in extreme poverty during the past two decades, about 2.4 billion people live on less than $US2 a day".

Summary

This article really grabbed my attention and emotions.  The fact that even with s significant drop in the number of people living in extreme poverty during the past two decades, there are still around 2.4 billion people throughout the world that live on less than 2 American dollars a day.  This is not only a huge problem, but it really magnifies the fact that poverty is a very serious issue.  When you really look at what the ACFID executive director Marc Purcell said, you really begin to realize how many people are still living in devastating poverty.  I could never imagine living on $2 American dollars a day.  It would be impossible.  You would have absolutely no way to pay for food, clothes, or a place to stay, and your state of mind would deteriorate drastically.  You would have absolutely no hope of surviving.  At least not in America.  When you look at other countries and the dramatic rates of poverty, you realize they really have no hope either.  People that are experiencing this level of poverty, have no chance whatsoever, of ever advancing in any society.  They are shackled and chained to their financial instability.  Despite this, the conference heard about promising new approaches to sustainable development and key challenges, including how the sector can grow public awareness and work with the media in a changing, fast-paced environment.  However, none of these "approaches" are truly promising.  They are merely ideas and thoughts being discussed at a conference.  Without the proper guidance and finances, this approaches may never come to fruition.

http://www.smh.com.au/national/aid-shrinks-as-poverty-grows-20140212-32hvq.html