FOCUS
COMBATING GLOBAL POVERTY
By Paul O'Neill, U.S. Secretary of the Treasury
The U.S. Secretary of the Treasury believes the international community can
do a better job in combating global poverty. He urges greater attention be
placed on helping countries to become more productive. Updated article.
THE U.S. CONTRIBUTION TO GLOBAL AGRICULTURE AND FOOD
SECURITY
By Ann M. Veneman, U.S. Secretary of Agriculture
Alleviating hunger requires programs and policies that open up markets to
agricultural trade, improve infrastructure and transportation systems, define
property rights of small-scale farmers, provide safety nets to the most
vulnerable groups, and, in the long run, achieve broad-based economic growth
and income generation. Updated article.
ALLEVIATING POVERTY AND HUNGER IN THE 21ST CENTURY
By Andrew S. Natsios, Administrator, U.S. Agency for International
Development
With 80 percent of financial flows to
the developing world now coming from private sources, USAID is changing the
way it does business, focusing on public-private partnerships, economic
growth, agriculture, trade, health, democracy, conflict resolution and
humanitarian assistance. Updated article.
FREEING TRADE TO COMBAT POVERTY
By Alan Larson, Under Secretary for Economic, Business and Agricultural
Affairs, U.S. Department of State
Trade liberalization can be a powerful tool in fostering development and
reducing global poverty. Free trade lowers the cost of basic necessities,
discourages corruption, and allows democracy to grow, leading to a better
quality of life, especially for the poor. Updated
article.
COMMENTARY
ENDING MASS POVERTY
By Ian Vˇ¦quez, Director, Project on Global Economic Liberty, Cato
Institute
Economic growth is the only path to end mass poverty. Extending the system of
property rights protection to include the property of poor people would be
one of the most important poverty reduction strategies a nation could take.
GRANTS FOR THE WORLD'S POOR: MORE HELP, SAME COST
By Adam Lerrick, Director, The Gailliot Center for Public Policy, and
Professor of Economics, Carnegie Mellon University
The multilateral development banks should provide grants, not loans, to the
impoverished nations of the world. Such grants would not deplete World Bank
resources nor would they require additional funding from donor countries.
WORKING FOR A BETTER GLOBALIZATION
By Horst Kˇ¦ler
Managing Director, International Monetary Fund
There is no question that the IMF, the World Bank, and other donors will need
to provide better-coordinated technical assistance to support
poverty reduction strategies in Africa. Updated
article.
DEMOCRACY, GOVERNANCE, AND THE MARKET
By John D. Sullivan, Executive Director, Center for International Private
Enterprise
Government institutions and self-regulating organizations must play key roles
in ensuring that rules are fair, apply to all, are transparent, and are
enforced. The business community must do its part by eliminating the
corruption that is so devastating to economic growth and poverty reduction. Updated article.
RURAL AND URBAN POVERTY: UNDERSTANDING THE
DIFFERENCES
By David Satterthwaite, Director, Human Settlements Programme,
International Institute for Environment and Development
Definitions of poverty based on income levels don't reflect the many forms of
deprivation that factor into rural and urban poverty, with the result that
nations and multilateral organizations underestimate how many people live in
poverty and in what conditions.
REMITTANCES AS A DEVELOPMENT TOOL
By Susan F. Martin, Director, Institute for the Study of International
Migration, Georgetown University
Remittances are having a far greater positive impact on developing country
economies than previously acknowledged. Each dollar remitted is producing
additional dollars in economic growth for the businesses that produce and
supply products bought with these resources.
FACTS AND FIGURES
POVERTY INDICATORS
LISTING OF COUNTRIES BY INCOME GROUP
DEVELOPMENT ASSISTANCE AND WHERE IT GOES
WORKERS' REMITTANCES
INFORMATION RESOURCES
KEY CONTACTS AND INTERNET SITES
ADDITIONAL READINGS ON POVERTY

Economic Perspectives
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Volume 6, Number 3, September
2001
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