A concluding theme Essay Example | Topics and Well Written Essays - 1000 words

A concluding theme - Essay Example The upper class mainly comprise of the top world economic giants followed by the developing world that comprise most countries in the Far East such as Malaysia and finally the lower class where most states in Africa and Asia belongs. It is on this backdrop that the books Poor Economics: A Radical Rethink of the Way to fight Global Poverty by Abhijit V. Banerjee and Esther Duflo , Whiteman by Tony d’Souza, and Little Princes by Conor Grennan where authored to evaluate these changing cultural dynamics across the globe. Aside from death and taxes, there exists one more aspect that can be added to life certainties list in school thought policy. These are mechanisms on how to extricate the global south from poverty. According to the World Bank’s definition of poverty, poverty is the inability for a person to utilize at least $ 1.25 in a day; 1. 3 billion people across the globe live below these standards. Paul Collier, a development economist refers these as the bottom billions. There is increased desire for the world to help people in the third world countries. It is on this premise that an academic discipline has emerged with several scholars advances theories related to poverty alleviation. These scholars include Jeffrey Sachs with the Pre- Foreign –Aid, Dambisa Moyo and the theory of Trade, not Aid and Paul Romer’s view of creating charter cities. It tempts to make an assumption that all books on issues related to global development seems to advance poverty alleviation theori es to assist in poverty reduction in the Global south (Abhijit and Duflo 297). Abhijit and Duflo have alienated their development concept on possible ways of reducing poverty in the global south through development of a modest premise outside the anti- foreign aid and pre- foreign aid discussions. They argue that poverty alleviation strategies on international development aimed at alleviating poverty in the developing nations have to be formulated on an international platform.