Why the International Banks are not Eliminating Poverty


Add to cart
Essay #: 055290
Total text length is 8,158 characters (approximately 5.6 pages).

Excerpts from the Paper

The beginning:
Why the International Banks are not Eliminating Poverty
Poverty cannot be eradicated by increasing the money supply to the poor. All too often as research will prove, the reason for poverty goes well beyond merely not having dollars or euros or yen or
. It is fairly well established worldwide that much poverty comes through lack of education or lack of occupational skills. Banks, even the IMF are interested ion getting a return on the money they lend and/or invest. When such returns are minimal at best, banks simply fail to solve the poverty problem. The basic question that needs to be asked, therefore, is what can be done to motivate banks to at least ease some of the world’s poverty.
Relevant literature:
It is clear...
The end:
.....nnium Development Goals” The Heritage Foundation
Sept., 16, 2005 accessed Nov., 12, 2009 on
“Global Financial System Shows Signs of Recovery,
IMF Says” IMF Website, accessed Nov., 13, 2009 on
www.imf.org / -
"World Bank"   The Concise Oxford Dictionary of Politics.
Ed Iain McLean and Alistair McMillan. Oxford University
Press 2009. Oxford Reference Online. Oxford University
Press Los Angeles Public Library.  12 November 12, 2009
Potter, M. J. (2009): “NGO to G-20 leaders: “World Bank and
IMF ideology has failed” Charles Stewart Mott Foundation
Accessed Nov. 12, 2009 on www.mott.org/news/news/2009/G20.aspx