Global poverty in the context of "Rural electrification"

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⭐ Core Definition: Global poverty

Poverty is a state or condition in which an individual lacks the financial resources and essentials for a basic standard of living. Poverty can have diverse environmental, legal, social, economic, and political causes and effects. When evaluating poverty in statistics or economics there are two main measures: absolute poverty which compares income against the amount needed to meet basic personal needs, such as food, clothing, and shelter; secondly, relative poverty measures when a person cannot meet a minimum level of living standards, compared to others in the same time and place. The definition of relative poverty varies from one country to another, or from one society to another.

Statistically, as of 2019, most of the world's population live in poverty: in PPP dollars, 85% of people live on less than $30 per day, two-thirds live on less than $10 per day, and 10% live on less than $1.90 per day. According to the World Bank Group in 2020, more than 40% of the poor live in conflict-affected countries. Even when countries experience economic development, the poorest citizens of middle-income countries frequently do not gain an adequate share of their countries' increased wealth to leave poverty. Governments and non-governmental organizations have experimented with a number of different policies and programs for poverty alleviation, such as electrification in rural areas or housing first policies in urban areas. The international policy frameworks for poverty alleviation, established by the United Nations in 2015, are summarized in Sustainable Development Goal 1: "No Poverty".

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Global poverty in the context of Global Resources Dividend

The global resources dividend (GRD) is a method of tackling global poverty advanced from 1994 onwards by the philosopher Thomas Pogge. He presents it as an alternative to the current global economic order. Under the scheme, nations would pay a dividend (tax) on any resources that they use or sell, resulting in a sort of "tax on consumption". Pogge's scheme is motivated by the positive duty to alleviate poverty, but relies especially on his view that the rich have a negative duty not to use institutions that perpetuate economic inequality. Pogge estimates that a dividend of just 1% could raise $300 billion each year; this would equal $250 for each individual in the world's poorest quintile.

Implementing some versions of the GRD entails not only discussions about practicality, but presumably, an affirmation of what is right. As Pogge puts it "Our task as philosophers requires that we try to imagine new, better political structures and different, better moral sentiments. We must be realistic, but not to the point of presenting to the parties in the original position the essentials of the status quo as unalterable facts."

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