Poverty in Latin America Essay

This paper volition talk over the pauperism in Latin the States. Latin the States has always been in leanness and although there fork out been some ups and downs, the penury level remains great. First, we will wrangle the region that is known as Latin the States, the determining factors of pauperisation, the statistics and history of the distress in Latin America and the future of the scantness in Latin America. Latin America refers to the atomic number 18as of America in which the Spanish or Portuguese languages prevail.These beas include Mexico, most of rudimentary and mho America, Cuba, Dominican Republic, Puerto Rico and Brazil. Latin America can be subdivided into unlike regions, such as North America, South America, Central America and the Caribbean. (Wikipedia, Retrieved 2010). Latin America consists of more different ethnic backgrounds and races. It is wizard of the most diverse regions in the world. whatever of the predominant races/backgrounds include Europe an-Amerindians (Mestizo), Amerindians, European, Mulatto, coloured, Asian and Zambo (mixed Black and Amerindian).Latin America continues to be challenged by inequality and poverty. Poverty is defined as, the claim of one who lacks a usual or socially acceptcapable amount of funds or material possessions. (Merriam-Webster, Retrieved 2010). According to the serviceman Bank, nearly 25% of the population of Latin America lives on slight than $2. 00 a day. At least 182 million peck argon liveliness in poverty in Latin America and at least 68 million slew are living in natural poverty. Poverty is defined as living on less than $2.15 per soul per day and extreme poverty as living on less than $1. 08 per individual per day. The poverty rate in Latin America was halved from 60% in 1950 to less than 30% in 2000. However, during the same eon period income inequality remained more or less the same, making both poverty reduction and economic ontogeny more difficult as in separate countries with a wide income gap eve developed onesthe challenge is to increase the incomes of the pull down economic groups at a meteoric rate than those of the wealthier groups.In reality, economic growth rarely works this way. Latin American income inequality is drastic the average annual per capita income is $4,000, yet the region is home to many millionaires and billionaires. The fourth richest person in the world, Carlos Slim, whose worth was estimated at $23. 8 billion in 2005, is Mexican. (Poverty in the Developing World, Retrieved 2010). Articles state, however, that these numbers are deceiving in that rising above the authorized poverty rate by a few cents or even a dollar does not mean you are any better off.People in this situation are still destitute and are living in a way that they are unable to tender for themselves much less their family, if any. Certain areas in Latin America are worsened than others. Bolivia has the highest poverty and inequality rate. Ha iti is just stinkpot Bolivia. Following Haiti are Colombia, Paraguay, Brazil, Panama, Nicaragua, Uruguay and Mexico. Many of these countries have responded to poverty by implementing new or modifying old social aidance programs. favorable assist programs are programs developed to assist the poor.The main aspects of the current social assistance programs are (1) conditional change transfer, which is where cash is transferred directly into the household based on certain conditions, such as children attention school and doctor visits (2) the household (3) targeting the poorest and (4) world multidimensional in that they are able to assist many dimensions of poverty at once. The future of Latin America is unsung and unknown. Latin America has consistently been poverty-stricken but the percentage fluctuates. Many programs are available to the public in dedicate to help Latin America and the mass thereof.I believe the people themselves and the completed dynamic of Latin Americ a will compulsion to change before the poverty levels change significantly. Donations and charities may help but they will only scratch the surface. The issues of Latin America are deep and need to be dug up and dealt with by the people of Latin America. In conclusion, we canvas that this is a current problem that is steadily being addressed and researched. Latin America needs help and resources in set out to come out of poverty. They also must(prenominal) make changes within their own establishment so that the help can be well received and utilized to the fullest.