Most of the victims are innocent and most are poor. Worsening social and economic conditions draw more people into criminality, a vicious circle that reinforces poverty.
Working Capital traps: Micro-entrepreneurs can only afford a tiny inventory, so their sales are so meager that they are unable to purchase a larger inventory the next day, and secondly they do not find any feasible borrowing scheme from government. (Stephen C. Smith. Poverty Traps and Global Development. The Globalist. May 15, 2006)
Poverty trap is more psychological impact as well and can be changed with changes in the culture and advertising, which will attract and turn the people hopeful.
Eighty percent of poor people become poorer when they gamble, but when wining seems the only hope, many poor people are prepared to take that risk, dazzled by the opulence of the rich. Poverty is increased when money-wealth is accumulated by means that do not increase national prosperity, and it can be dissolved if, there is increases in land values directed to benefit the whole public, not targeted speculators. It is also important for the government to insure justice, at low cost, with open access. It is also important for the government to ensure that it has offered decent housing and rental conditions to its people. (Stephen C. Smith. Poverty Traps and Global Development. The Globalist. May 15, 2006)
Would you recommend a policy that would limit population growth in order to raise economic growth? Why or why not?
Population growth has been cause of grave concern for governing authorities of developing countries. In case of developed countries the situation is much under controlled, and in many cases, countries like France, Germany, Australia and Canada, are much below the expected population level. In case of Africa, Pakistan, India, Bangladesh and China, the situation adverse, and require effective combat measures.
It is therefore a viable option to introduce and implement a policy which imposes certain restrictions in the increase of family members, this preventive major has been taken and implemented by China, but the results are still awaited. In many of the cases, especially the Muslim countries, the population growth has been extremely high, the government under the influence of the foreign institutions tried to introduce and apply the policy of limited family, but was opposed, because many religious scholars have turned the policy of population growth a religious issue, and so far the debate on this issue has been inconclusive. The Muslims are more than forty percent of the entire global population, and if the...
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