Poverty And Instability

Question 1

Washington consensus

Answer 1

Reform program for Latin America
All pain and no gain
Privatization that led to foreign companies prioritizing their own interests rather than the locals’

Question 2

Center exploiting periphery

Answer 2

Buying their resources at cheap prices and then selling them expensive products
Surplus on 1 side leads to à deficit on the other

Question 3

Figures poverty

Answer 3

Almost 1/2 of world’s population lives on 2$ a day
1B ppl live in extreme poverty
More ppl die from poverty than conflicts

Question 4

Facts

Answer 4

Displaced persons become even poorer and increase insecurity (prostitutions, violence)

Question 5

To fight poverty two approaches

Answer 5

Up down: do not focus on below part, followed by international organization
Bottom up: looking at ppl’s needs, tackle the problem at its roots
Best: mix of both

Question 6

Syria

Answer 6

Civil war 2011
90% pop lives below poverty line

Question 7

Venezuela

Answer 7

Severe economic collapse
90% of population lives below poverty line

Question 8

Afghanistan

Answer 8

Lack of infrastructure
Food insecurity

Question 9

Ukraine

Answer 9

Displacement
Humanitarian crisis

Question 10

Haiti

Answer 10

Weak state since assassination of president in 2021
Disintegration from above and below
Gangs and organized crimes

Question 11

Poverty (monetary)

Answer 11

Shortfall in consumption

Question 12

Poverty (capabilities)

Answer 12

Failure to achieve basic capabilities

Question 13

Poverty (3rd approach)

Answer 13

Form of social exclusion