Why the International Banks are not Eliminating Poverty

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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
Introduction:
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
Rials
. 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:
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PBl
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