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University of Wisconsin–Madison
Poverty-related issues in the news, from the Institute for Research on Poverty

Tag: Poor nations

Disability in the World’s Population

Report: 15 percent of world population is disabled, By David Brown, June 9, 2011, Washington Post: “About 15 percent of the world’s population – some 785 million people – has a significant physical or mental disability, including about 5 percent of children, according to a new report prepared jointly by the World Health Organization and the World Bank. The disabilities run the entire gamut of impairment, from blindness and limb loss to chronic pain and mental retardation. The problems, especially among old people, are more prevalent in low-income countries than in rich ones. The report, released Thursday at the United Nations in New York, found that the problems are worsened by poverty and dozens of other variables, including stigma, architectural barriers, lack of legal protection, the cost of devices and assistance, and the lack of knowledge by others (especially health professionals) about how to interact with disabled people…”

Benefits of Microlending

The bad – and good – news on microcredit, By Gregory M. Lamb, June 9, 2011, Christian Science Monitor: “First Muhammad Yunus founded the nonprofit Grameen Bank, which lent tiny amounts of money to poor people to start businesses. It appeared to be a revolutionary success and he received the Nobel Peace Prize for his work in 2006. In 2009, for example, Grameen had 6.4 million active borrowers with an average loan size of $127. Then came the second guessing. For-profit companies got into the micro-loan business charging high interest rates in order to generate an attractive return for their investors. While nearly all of Grameen’s borrowers repaid their loans in full, other lenders didn’t do so well. Borrowers began to default. Pressured by their creditors, some in India even committed suicide when they couldn’t repay their loans…”

World Food Prices and Poor Nations

Food prices set to stay high, says UN food agency, June 7, 2011, BBC News: “Global food prices will remain high and volatile throughout this year and into next despite record food production. The United Nations Food and Agriculture Organisation (FAO) twice yearly Food Outlook analysis says rising demand will absorb most of the higher output. It says its index of food prices in May was at 232, only five points below February’s record high of 237. The FAO says higher food prices could mean poor countries will see food import costs rise by up to 30%. That would mean them spending 18% of their total import bills on food this year, compared with the world average of 7%. The organisation says the next few months will be critical in determining how major crops will fare this year…”