IDEAS home Printed from https://ideas.repec.org/a/but/manage/v7y2008i1p27-29.html
   My bibliography  Save this article

Poverty – a major economical problem

Author

Listed:
  • Somogyi János

    (Budapest University of Technology and Economics)

Abstract

Poverty is the state for the majority of the worldÂ’'s people and nations. Yet there is plenty of food in the world for everyone. The problem is that hungry people are trapped in severe poverty. They lack the money to buy enough food to nourish them. Being constantly malnourished, they become weaker and often sick. This makes them increasingly less able to work, which then makes them even poorer and hungrier. This downward spiral often continues until death for them and their families. Why is this? How is to blame? Poor people for their own predicament? Have they been lazy, made poor decisions, and been solely responsible for their plight? What about their governments? Have they pursued policies that actually harm successful development? Such causes of poverty and inequality are no doubt real. But deeper and more global causes of poverty are often less discussed. This article explores various poverty problems in more depth.

Suggested Citation

  • Somogyi János, 2008. "Poverty – a major economical problem," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 7(1), pages 27-29, May.
  • Handle: RePEc:but:manage:v:7:y:2008:i:1:p:27-29
    as

    Download full text from publisher

    File URL: http://manager.faa.ro/download/448_706.pdf
    Download Restriction: no

    File URL: http://manager.faa.ro/en/article/Poverty--a-major-economical-problem~448.html
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    poverty; states; economy; crisis; nations;
    All these keywords.

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:but:manage:v:7:y:2008:i:1:p:27-29. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Cosmin Catalin Olteanu (email available below). General contact details of provider: https://edirc.repec.org/data/faaubro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.