How poverty Happens due to poor man habits?

2. “Poverty is the worst form of Violence” – Mahatma Gandhiji
“Poverty creating poverty”– Gunnar Myrdal
“ A country is poor , because it is poor” – Ragnar Nurkse

3. INTRODUCTION
• One of the hotly debated topics
international development is
global poverty and policies that
need to be implement to solve it.
• Eliminating poverty and hunger
by 2015 is the one goal of
Millennium Development Goals

4. • Billions of dollars have been devoted to
eradicate poverty in Africa, Latin America
and Asia.
• The problem remains and rethinking of the
nature of poverty to implement better and
effective policies.

6. Poor economics
• In “Poor economics” Banerjee
and Duflo force us to rethink
about global poverty.
• Their aim is to understand the
basic insights and incentives that
guide poor people’s decisions
and lives.

7. Poverty Action Lab
• Abdul Latif Jameel Poverty Action
Lab is a global research centre
working to reduce poverty by ensuring
that policy is informed by scientific
evidence.
• Founded 2003

9. Poor Decisions
• In other cases, they might spend
money on alcohol, tobacco and
festivals even though they don't
have enough to eat.

10. Entertainment v/s Poverty
• In one village in Morocco, Banerjee and Duflo
talked to a man who didn't have enough money
to feed his family, but had a TV and a DVD
player.

11. Tasty v/s Nutritious Food
• Even when they do buy food, they
might opt for food that is tasty, rather
than nutritious.

12. Poverty and marriage
• These days Indian common people weddings
may cost between Rs 5 lakhs to Rs 20 lakhs.
This does not include the dowries (if any) and
the cost of jewellery.

13. Education v/s Poverty
• On the issue of education, it may be the case
that the poor undervalue the importance of
even a small amount of education.

14. Think again and again
Will Poverty eradicated?
When?
How?
From whom?

15. Presented by
JYOTHI. S
Assistant Professor
Dept of Economics
GFGCW,
Holenarasipura