World poverty Article Example | Topics and Well Written Essays - 1500 words

World poverty - Article Example The annual income required to a family to survive according to federal governments is the most general definition of poverty, which is established through the statistical evaluation. Michael Darby (1997:4) states that the actual definition of poverty is political, whose purpose is to level the growth related to programs. According to US census, keeping in view the inflation the poverty line regarding family of four in 2000 was $17,050 income. However, this definition of poverty has many issues according to several scholars of poverty such as; treatment of taxes, special work associated expenditures, regional dissimilarities in the price of living, cash income (Blank 1997; Quigley, 2003). Poverty annihilation due to political, ethical and economic urgency is necessary. The statement was given, in Copenhagen, fifteen years ago at the World Summit for Social Development by the global leaders. For growth, since then poverty annihilation has become the prime target, and it is being considered a common destructive element for the whole of humanity. To overcome poverty has become a global goal and it must be achieved until 2015. The goal, which was set fifteen years ago, could not obtain still. Still, poverty lingering everywhere except East Asia and China and at some level India, which have achieved incredulous success. According to the Social Summit 1995, the definition of poverty comprised of lack of participation, deprivation, and social exclusion and today the definition has extended in several other dimensions, and the goal is still very far. In sub-Saharan Africa, the rate of poverty is inflexibly and ineptly high. Moreover, in South Asia, poverty reduction is very low despite a sustainable development. To minimize and eradicate poverty economic growth seems a very significant factor; however, the growth at the same time in other directions is also mandatory such as; education,