The Poorest Continent Case Study
Question 2: What Steps Can Be Taken By the Nations of the Sub-Saharan Africa to Address the Causes of Poverty? Can The Governments of Developed Nations Help in This Process? Should They? How?
The current scenario witnessed in the Sub-Saharan region in Africa depicts several shortcomings within the economic structure that strongly hinders the sustainable growth of the economy to a large extent (Naudé, “Development Progress in sub-Saharan Africa: Lessons from Botswana, Ghana, Mauritius and South Africa”). For instance, the region is currently witnessed to suffer from various demographic and social challenges in terms of diseases and inequality. Political interventions and corruptions in the economic structure are also considered to be noteworthy challenges that in turn hinder the development in the region (Handley &. Et. Al. “Poverty and Poverty Reduction in Sub-Saharan Africa: An Overview of the Issues”. Pinkovskiy &. Sala‐i‐Martin, “African Poverty is Falling…Much Faster than You Think!”). In other words, the economic structure of the region is highly affected by its totalitarianism ideology in lieu to its unequal distribution of wealth and power (Karadeli, “Failed State Concept and the Sub-Saharan African Experience”).
It is in this context that proper measures should be taken by the economy to identify the root causes of poverty. With this concern, the economy can intend to reassess its political structure and legislative measures in order to identify the flaws in its regulatory and political measures which can be regarded as the root causes of poverty to persist and increase in the economy (Handley &. Et. Al. “Poverty and Poverty Reduction in Sub-Saharan Africa: An Overview of the Issues”). The economy should also take certain initiatives in identifying the flaws relative to social health measures (International Monetary Fund, “Regional Economic Outlook: Sub-Saharan Africa Sustaining the Expansion”). From an overall point of view, it can be stated that the economy should reconsider its various segments in order to identify the root causes of poverty in the economy.
The government of developed nations can certainly play a crucial role in assisting the Sub-Saharan Economy to revitalize its economic structure and thus attain progress. With this concern, the developed economies should come forward to assist the poorest region in the world, not only to guide the Sub-Saharan economy towards development, but also to reduce global wealth disparity. The assistance of more capable governments in terms of monetary funding and political as well as social guidance shall certainly prove to be highly advantageous for the economy to develop with the ideology of collectivism.
Handley, Geoff. &. Et. Al. “Poverty and Poverty Reduction in Sub-Saharan Africa: An Overview of the Issues.” Results of ODI Research Presented In Preliminary Form for Discussion and Critical Comment, Working Paper 299 (2009): 1-75.
International Monetary Fund. “Regional Economic Outlook: Sub-Saharan Africa Sustaining the Expansion.” World Economic and Financial Surveys (2011).
Karadeli, Cem. “Failed State Concept and the Sub-Saharan African Experience”. Journal of Arts and Sciences 12 (2009): 111-126.
Naudé, Wim. “Development Progress in sub-Saharan Africa: Lessons from Botswana, Ghana, Mauritius and South Africa”. Working Paper No. 2010/07.
Pinkovskiy, Maxim &. Sala‐i‐Martin, Xavier. “African Poverty is Falling…Much Faster than You Think!” February 27, 2012. Columbia University, 2010.
The Poorest Continent Case Study