ECONOMIC ASPECTS REGARDING THE GLOBAL DIMENSION OF POVERTY IN THE XXI CENTURY

Paul Bogdan Zamfir
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Paul Bogdan Zamfir: CONSTANTIN BRANCUSI UNIVERSITY OF TARGU-JIU, ROMANIA

Annals - Economy Series, 2013, vol. 6, 174-179

Abstract: In this paper we proposed to investigate the spread of poverty phenomenon on the global scale. Also we examined the causes and the efects of unequal distribution of global wealth, emphasing the impact of economic globalization on the deepening of poverty at the international comunity level. In the contemporary context of economic globalization the poverty is a scourge of the international community, that marks a dangerous gap between the many poor and the few rich. On the other hand, the poverty can be rightly considered the deprivation of population or certain population groups of welfare. In generally, for the common man, poverty means hunger, misery and diseases. Also, the poverty is an economical-legal phenomenon. The economic component of poverty consist in the deficiency of resources to ensure a decent standard of living and the access to basic services (health, education etc.), while the legal dimension is reflected in the reduced possibility of a person or population groups to benefit from the civil rights and other fundamental rights, as well as the right to lead way of life which he desires or values.

Keywords: poverty; globalization; economic inequalities; threshold poverty; developing countries; developed countries; third world. (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2013:v:6:p:174-179

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