SPAconclusion



Our global solution to poverty proposes a multifaceted approach to the elimination of the causes, effects, and corollaries that perpetuate economic inequities. Poverty remains the prevalent threat to global security and prosperity, and the globalizing forces that will characterize the new century necessitate the revision of the world’s developmental agenda. As the new global economy grows, supported by innovations in technology and communications, the increasingly integrated world exacerbates the disparity between developed and developing nations and affluent and impoverished people. We propose to redefine poverty as a human rights issue. If poverty is understood as a violation of human rights, national governments, the United Nations (UN), non-governmental organizations (NGOs), and various human rights groups are legally and ethically obligated to unify around a collective assault on poverty. Alleviation efforts must perceive poverty as a relative phenomenon that includes variables such as taxes, benefits, childcare, medical costs, and regional differences because only a nuanced comprehension of the issue will enable its elimination.

We present the United Nations’ eight Millennium Development Goals (MDGs) as the basis for our proposal, and we have adapted the specifications to fit the conclusions we have drawn from our research and collaboration. The MDGs are as follows: 1. Eradicate Poverty 2. Universal Primary Education 3. Gender Equality 4. Improved Maternal Health 5. Improved Child and Infant Health 6. Combat HIV/AIDS 7. Environmental Sustainability 8. A Global Partnership of Nations Due to the interrelated nature of the eight Goals, we believe each one must be targeted and solved in order to succeed in the first, the eradication of poverty. Because the twenty-first century is dominated by the new global economy and multi-national corporations, the MDGs must be accomplished through a union of national government, the UN, NGOs, and local actors. Government and the UN are no longer the primary actors in the new world order, so different governing and social sectors must cooperate in a common effort. Wealthy nations and especially the multinational corporations should be responsible and obligated to provide funds and help accomplish the goals. Accountability and transparency are essential for all actions, and the implementation of solution programs must be specific to the needs and cultures of the peoples in question.

Poverty can only be reduced with the cooperation of the governments of the nations receiving aid because the nation-state remains a powerful symbol despite its increasing economic and social impotence. As a result, the UN must support the growth of democratic nations in developing areas. Democracies make better use of donated funds, resources, and programs than authoritarian governments. In democracies, political and civic participation facilitate economic growth because accountability prevents the persistence of detrimental policies and despotic leadership.

We establish microfinance as most effective model for contemporary economic improvement. Muhammad Yunus’ model for microcredit has successfully initiated sustainable economic development because it creates autonomy and empowerment for those in the program without taking the form of charity or perpetuating debt cycles. Microcredit also transforms communities with its networks of social, educational, and health services. Microfinance provides the vehicle for the elimination of poverty in an individualized and empowering manner, and the future of economic progress in the developing world lies with Yunus’ model.

Similarly, all nations must contribute funds and resources to the achievement of universal primary education in order to give agency to people in developed and developing nations alike. Education enables people to participate in the global market economy and in sustainable development.

The eradication of poverty requires an integrated transformation of global politics, economics, and society, and our evaluation of the MDGs offers a detailed analysis of the problems and solutions: