Praxis Discussion Series

Global Poverty in the Aftermath of the Global Financial Crisis

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Sinopse

A meaningful path out of poverty requires a strong economy that produces jobs and good wages; a government that can provide schools, hospitals, roads, and energy; and healthy, well-nourished children who are the future human capital that will fuel economic growth. Though the most acute phase of the global financial crisis has passed, recovery remains fragile and uneven. Continuing high food prices are of particular concern for developing countries, as is limited international financing. The World Bank estimates that 64 million more people are living in extreme poverty this year and 40 million more people went hungry in 2009 due to the combined food, fuel and financial crises. Features James Cox from World Vision Australia, Prof. Ross Buckley from the University of New South Wales, and Mark Thirlwell from the Lowy Institute.