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The United States and Eradication of Poverty in The World

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Poverty is a situation wherein human beings aren’t able to afford basic needs. Its definition is short and sweet, but its implications are vast and complex. President Kennedy’s inaugural remarks remind us that “The challenge of global poverty is not new.” Historically, poverty has been an epidemic, killing thousands of people year after year. Over the past several decades, however, there have been very impressive improvements in some parts of the developing world. The United States has witnessed a flourishing of new activists, who provide a compelling example that poverty-reduction goals transcend national borders and political divides. For the people of America, their conscience and faith demand that they tackle this pressing issue because it is the right thing to do. The American people feel pride by helping the poor gain access to quality education, and plenty of opportunities to grow. The intervention of the United States in the global project to reduce poverty is crucial, as it is one of the most influential agenda-setters and has one of the biggest economic and military forces. There are several ways the U.S. is already tackling the issue, such as investing $500 billion in developing countries. This effort to increase economic output in developing nations helps people to improve their living standards. Furthermore, In June 2015, The United States passed the Trade Preferences Extension Act of 2015 (TPEA) to renew some of the preference programs. These preference programs have largely contributed to the reduction of poverty, by alleviating hunger in a large number of developing countries. Since the preference act was first implemented, poverty has fallen drastically worldwide, especially in the last couple of decades, with rates of undernourishment dropping as well. The World Bank estimates that the total number of people living in absolute poverty has fallen from 1.96 billion people in 1991 to 702 million people in 2015. Global rates of absolute poverty have fallen at an even faster rate, from 37 percent in 1991 to 9.6 percent in 2015.

Poverty is a situation wherein human beings aren’t able to afford basic needs. Its definition is short and sweet, but its implications are vast and complex. President Kennedy’s inaugural remarks remind us that “The challenge of global poverty is not new.” Historically, poverty has been an epidemic, killing thousands of people year after year. Over the past several decades, however, there have been very impressive improvements in some parts of the developing world. The United States has witnessed a flourishing of new activists, who provide a compelling example that poverty-reduction goals transcend national borders and political divides.

For the people of America, their conscience and faith demand that they tackle this pressing issue because it is the right thing to do. The American people feel pride by helping the poor gain access to quality education, and plenty of opportunities to grow. The intervention of the United States in the global project to reduce poverty is crucial, as it is one of the most influential agenda-setters and has one of the biggest economic and military forces. There are several ways the U.S. is already tackling the issue, such as investing $500 billion in developing countries. This effort to increase economic output in developing nations helps people to improve their living standards. Furthermore, In June 2015, The United States passed the Trade Preferences Extension Act of 2015 (TPEA) to renew some of the preference programs. These preference programs have largely contributed to the reduction of poverty, by alleviating hunger in a large number of developing countries. Since the preference act was first implemented, poverty has fallen drastically worldwide, especially in the last couple of decades, with rates of undernourishment dropping as well. The World Bank estimates that the total number of people living in absolute poverty has fallen from 1.96 billion people in 1991 to 702 million people in 2015. Global rates of absolute poverty have fallen at an even faster rate, from 37 percent in 1991 to 9.6 percent in 2015. During the same period, according to estimates by the UN Food and Agricultural Organization, the global rate of undernourishment has fallen from 18.6 percent to 10.9 percent of world population.

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But as one of the most advanced agenda-setters and biggest economic and military forces, The United States is obliged to do much more. The goal is for developing nations to be able to rely on The United States during times of poverty and economic crisis. This can be achieved by passing Bills like the Electrify Africa Act and the Global Food Security Act. This bill would help provide electricity to 50 million people in Africa, along with better security, health care and housing for families in need. This is a very vital step in pursuit of ending global poverty and inequality. Luckily, the Electrify Africa Act has already largely been successful on the floor of the House of Representatives and was passed with overwhelming bipartisan support. It Now moves on to the Senate, where it has already been read and referred to the Committee on Foreign Relations.

The U.S. ranks 19th in the world in terms of Foreign aid provision. However, only 1.5 percent of the federal budget goes toward international affairs. In order to effectively and permanently end global poverty, the U.S. is starting to increase their foreign aid supply, predominantly by increasing the budget of the U.S. Agency on International Development (USAID), which overlooks all international humanitarian efforts the United States is involved in. The words of President Barack Obama are indispensable, who says that “Foreign Assistance is not an end in itself. The purpose of aid must be to create the conditions where it is no longer needed.” Therefore, the primary purpose of this Financial aid is to assist developing nations, and not to increase their dependence on the Foreign aid. Additionally, in the past few decades, USAID, which is the U.S. powerhouse for international assistance projects, has worked closely with UNICEF and other international aid organizations on many programs that tackle with issues like poor nutrition in African countries and social development in Nigeria. A stronger alliance between The U.S. and international organizations through the USAID allows the U.S. to have a greater role in reducing poverty in developing nations.

As President Franklin D. Roosevelt rightly said, “The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little.” By continuing to provide aid developing nations, whilst making them independent, the United States can help make poverty history.

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The United States and Eradication of Poverty in The World [Internet]. Edubirdie. 2022 Sept 15 [cited 2024 Mar 28]. Available from: https://edubirdie.com/examples/the-united-states-and-eradication-of-poverty-in-the-world/
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