An international plan to eradicate poverty in 15 years

[Bandit795]

How to eliminate poverty?

Get rid of all central banks, ban fractional reserve banking and ban all central planning.

Get all governments out of the way of the economy.

[Jim1cor13]

How to eliminate poverty?

Get rid of all central banks, ban fractional reserve banking and ban all central planning.

Get all governments out of the way of the economy.

 

...and THAT my friend is exactly how it can be accomplished.

 

Thanks and well stated

[yota691]

October 05, 2015

Economic Growth Slashed Global Poverty to Historically Unprecedented Level

By Marian Tupy

 

 

According to the World Bank, for the first time in human history, “less than 10 percent of the world’s population will be living in extreme poverty by the end of 2015.” The bank has “used a new income figure of $1.90 per day to define extreme poverty, up from $1.25. It forecasts that the proportion of the world’s population in this category will fall from 12.8 percent in 2012 to 9.6 percent.”

As scholars have noted, historically speaking, grinding poverty was the norm for most ordinary people. Even in the most economically advanced parts of the world, life used to be miserable. To give one example, at the end of the 18th century, ten million of France’s twenty-three million people relied on some sort of public or private charity to survive and three million were full-time beggars.

Thanks to the industrial revolution and trade, economic growth in the West accelerated to historically unprecedented levels. Over the course of the 19th and 20th centuries, real incomes in the West increased fifteen-fold. But the chasm that opened up as a result of the Western take-off is now closing. 

The rise of the non-Western world is, unambiguously, a result of economic growth spurred by the abandonment of central-planning and integration of many non-Western countries into the global economy. After economic liberalization in China in 1978, to give one example, real incomes rose thirteen-fold.

As Princeton University Professor Angus Deaton notes in his book The Great Escape, “[T]he rapid growth of average incomes, particularly in China and India, and particularly after 1975, did much to reduce extreme poverty in the world. In China most of all, but also in India, the escape of hundreds of millions from traditional and long established poverty qualifies as the greatest escape of all.”

[yota691]

 

 

 

 

Financial officials are seeking global economy problems

 

      Thursday   08   October   2015 | 19:36

 

 

China has tried to allay fears

Top financial officials in the world is facing during their meeting in Lima difficult equation lies in the promotion of global economic growth with climatic response to the urgent necessities.

In the atmosphere of the gloomy economic outlook from the flock and the finance ministers and central bank governors a few days ago to the capital of Peru, to participate in the joint General Assembly of the International Monetary Fund and the World Bank, while the eyes remain bound to China, against the backdrop of the continuing uncertainty regarding the outlook for the global economy and China's role in it.

It is expected that the Chinese economy this year registered the weakest growth seen since 25 years, raising concerns of emerging countries whose economies are closely linked to China's request for raw materials, at the top of Brazil and South Africa.

The International Monetary Fund warned that what is happening in China have repercussions on the whole world, what makes the issue of China's economy ahead of the Greece crisis and concerns besetting the euro zone.

Betting big exporters of metals and oil from Latin America, Africa and Asia to China, especially since the expected change in US monetary policy threatens depriving them of new funds through the implications it will have a series.

In the face of this suspense China has tried to allay fears, as deputy central bank governor of China Yi Gang said not to be afraid because China will continue to record growth between the average and high in the near future, pointing out that many people talk about the slowdown in the Chinese economy, but Chinese imports of raw materials continue to recording steady growth.

And this issue will be discussed between the finance ministers of industrial and emerging nations of the Group of Twenty to announce the outcome of their work Friday in a district of the Peruvian capital, Lima.

 

World Bank President: Bank grants will be linked to political conventions

 

      Thursday   08   October   2015 | 22:43

 

 

 

 

As Kim assistance provided by the World Bank to the Palestinian Authority over the past decades by about US $ billion size

 

 

World Bank Group President Jim Yong Kim revealed that the granting of the bank and its aid next will go along with the States and political agreements, pointing out that linking financial grants political agreements between countries and the United Nations, will be the new shape of the response of the Bank to requests for grants and assistance required by the states.

He pointed Kim during a press conference held on the sidelines of meetings of the International Monetary Fund in Lima, capital of Peru that the "United Nations Secretary General, Ban Ki-moon, will be present at the meetings of the International Monetary Fund and the World Bank in Lima, to crystallize this subject".

In another context, as Kim assistance provided by the World Bank to the Palestinian Authority over the past decades by about billion US dollars in the form of financial aid and development projects in the West Bank and Gaza Strip size, pointing out that "the phenomenon of rising poverty and global unemployment to need the efforts of all parties and not just Bank International ".

[MyLadiesDaddy]

Good morning my Jedi brother, Master Yota.

And a very special blessed day to you.

There really are some interesting articles out this morning about finances. But as you know this thread has always intrigued me. to make a statement about eradicating poverty in the world is by itself more than just bold. I would say at border lines on arrogant presumption.

But to have that statement coming from the very people who are also telling us the world is about to enter into another recession, I find rather inexplicable. That is unless one considered the possibility of financial voodoo.LOL

[yota691]

Poor countries wary of tax evasion for companies

 

 

         

10/10/2015 0:00 

 Capitals AFP 

crossed the poor and emerging countries at the 24 group Thursday «concern» of strategies for multinational corporations to evade taxes demanded by engaging them more in the fight against these practices Plan T would be endorsed by Financial Group of Twenty ministers in Lima. 

A group 24 of these countries, which includes especially India, Ivory Coast and Argentina in a statement «We are worried about the negative impact of tax avoidance, especially multinational companies, the fiscal sustainability». 

raises multinational companies resentment major corporations, especially American ones because of Stratejyatea to reduce tax obligations to the United Nations Bastmrar.oukalt in a recent report that These practices caused losses worth a hundred billion dollars of revenues poor countries. 

The World Bank said that this tax evasion is «a form of corruption». 

and is supposed to recognize the major powers in the Group of Twenty in Lima Friday a plan to combat these practices that reduce the 24 member states of resources.

 

[MyLadiesDaddy]

The World Bank said that this tax evasion is «a form of corruption».

Read more: http://dinarvets.com/forums/index.php?/topic/208757-an-international-plan-to-eradicate-poverty-in-15-years/page-2#ixzz3oBXaDicu

 

IF that one statement doesn't put everything into perspective, then nothing will 

[yota691]

10/23/2015 09:20 GMT

  An international forum in Kuala Lumpur calling for the elimination of poverty by applying Partnership

 BAGHDAD - and babysit- Participants at a forum "the international transformation" on Thursday called on the international community to apply the principle of "cross-border cooperative partnership" to eradicate extreme poverty and bring about positive effects on people's lives.

 

 

They considered at the conclusion of the forum in the capital Kuala Lumpur, the eradication of poverty a continuation of the process of positive transformation in calling on the international community in this regard to the identification of development funds sources.

 

Said Assistant Secretary-General of the United Nations Halyanj Shaw at the last meeting of the forum that the eradication of poverty, especially in developing countries is a key positive transformation of governments and peoples.

 

He stressed the need to apply the knowledge integration between countries to eradicate poverty and the application of the principle of cooperative partnership across the border.

 

For his part, the Regional Director of the World Bank in Malaysia Faris Hadad Zervos said in a speech that poverty eradication is one of the main objectives of the Bank within the ambitious plan will continue until 2030.

 

He explained that "there are about 21 percent of the earth's population live below the poverty line, or about 3.1 billion people living on less than a dollar and a quarter dollar a day."

 

For its part, demanded the United Nations Development Programme Helen Clark, director of the governments of developing countries to take "bold action" to implement the goals of sustainable development and transform their communities to the best of political, economic, social and educational levels and climatic aspects.

 

She said that developing countries need to interact more with the UN program to achieve the goals of development and enable them to respond to the aspirations of its citizens to ensure a safer and more prosperous future.

 

And he stressed the importance of the strategic partnership between the public and private sectors to achieve sustainable human development through poverty eradication and changing consumption and production patterns as well as sustainable natural resource bases for Economic and Social Development Department.

 

The Forum, which was held under the slogan "application Althol- convert conversations into effective action" had discussed over two days, a 

[yota691]

An international expert: financial inclusion of global concern

 

 

       

12/30/2015 0:00 

Iraqi efforts to support low-income segments of its advantages  

BAGHDAD - Hussein al-Tamimi Tgb 

promote financial inclusion around the world has become the target of most of the international organizations concerned to raise the standard of living of the population of the globe, particularly in developing countries that suffer some high hunger rates that can be cured through this global system after it became the Millennium Development Goals. Member of the International Union of Arab banks d.Sadiq al-Shammari said: Member States agreed at the United Nations Organization and 192 and at least 23 international organizations to achieve the MDGs by 2015 and start these goals of the United Nations Millennium Declaration, which was documented in 2000, which obliges member states of the United Nations Organization to combat poverty, hunger, disease, illiteracy and discrimination against women and there are targets and indicators to measure progress toward these goals and targets, pointing out that the role of financial inclusion will be pivotal in achieving these goals. Financial Inclusion is a concept that aims to mainstream financial products and banking services at affordable costs to the various segments of society, institutions, and individuals, especially the segments of low-income Almojtma.achammra pointed out during an interview at an economic conference to the importance of creating an environment conducive and favorable to get all segments of society adults (male and female ) on the financing and financial services, indicating that it is essential to promote financial inclusion in the region through the Millennium Development Goals. He noted that financial inclusion requires the provision of a comprehensive range of financial services, including bank accounts, savings and loans, short and long-term leasing, mortgages, insurance and salaries of local and international financial payments and pension plans as well as consumer protection and promotion of Almalah.obin ability that in Iraq began to Islamic finance adoption as achieve added value to the issue of financial inclusion of several ways the most important use of participation and risk-sharing contracts is a viable alternative and The effectiveness of the financing based on traditional debt, it can also be financing instruments that risk sharing is carried out to provide microfinance compatible with the provisions of Islamic Sharia law and the financing of small and medium-sized companies and Microinsurance to enhance access to finance. It should be noted that the expansion of participation in the formal financial system, or to achieve financial inclusion is not a goal in itself but a means to an end because of the development of its important role in the development of man, and improvement of living standards and the empowerment of women and the promotion of equal opportunities and financing small and medium-sized enterprises and to reduce poverty and support equality and secure the well-being thus achieving a comprehensive and sustainable economic growth. 

Shammari said that financial inclusion around the world has made ​​significant progress in scaling up the number of people who have an account at a financial institution by about 700 million people between 2011 and 2014 rose in 2014 owned 62 percent of the world's adult population a bank account where this percentage rose from 51 percent in 2011. He pointed to the existence of differences in regional and wide in the ownership of the accounts where owned 94 percent of adults in the Organization for Economic Cooperation and Development (OECD) bank account in 2014, compared with 54 percent in the developing economies and even today there are about 2 billion people, or 38 percent of adults in the world not getting to formal financial services or Aataamilon with the banks because of the high costs and long distances and requirements burdensome in most cases, to open Mala.obin Shammari account that the Millennium Development Goals seeks to stimulate development through improvement social and economic conditions in the world's poorest countries including the exemption Heavily Indebted countries with the necessity of doing a series of reforms and reduce its poor and facilitate growth. He noted that the Millennium Development Goals emanating from the other development goals then officially sent in the Millennium Summit, which was attended by all the world's leaders Vaatmdoa the United Nations Millennium Declaration, noting that the second goal it is to proceed with the establishment of a trading and financial system that is open, rule-midwife to predict, non- Discrimination and includes a commitment to governance and good governance, development and poverty alleviation at the national and international levels, as well as addressing the special needs of least developed and include entry-country exports at least Nama to exempt from customs tariffs markets and without quota enhanced program to ease the debt burden on heavily indebted poor countries, and to increase PDA to countries that have announced Altramha (reduction of poverty), as well as addressing the special precautions for landlocked developing countries and small island developing states (through the Programme of Action for the Sustainable Development of Small Island Developing States).