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Jaime Mogollón Michilot

Economic Student,

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How we can reduce poverty and inequality in developing countries?

I'm from Peru. A developing country. We are having a good perfomance in our economy, but we have to face a non resolved problem. One to 3 peruvians live on poverty conditions (see the link for wikipedia information bit.ly/17qs4Rw) .
How we can face this problem?

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  • Oct 27 2013: Even though Peru is a booming country with its economy growing 9.8% in 2008 poverty and inequality are a wide spread problem across its borders. With the gap between the rich and poor increasing at an alarming rate something has to be done before it is too late. In LIma, the capital of Peru, the poverty rate is at 15.7% in 2011 down from 44.8% in 2004 while outside of Lima the poverty level is a staggering 54%. Nothing is being done due to corrupt officials and lurking mining firms from Canada, United States, and Australia whose only intentions are to dig up all the minerals and leave the indigenous people behind. To make a change, education and healthcare need to be improved all across Peru. It starts with the Peruvian government and their ability to make these changes. Currently there are 78% of indigenous children living in poverty and a third of them suffer chronic malnutrition (Arana, Maria NY Times). If the government could help supply basic health services and medication to these children and adults they would have one less thing to worry about with their already stressed lives. Also, in Maria Arana's article it states that children begin working at age 5 to help support their families in poverty. These kids need to be going to school and not going to a mine. One suggestion would be to enforce a federal law for a minimum wage and if their already is one in place raise it because five year olds should not be working. Finding a solution for this problem will take time and effort but if the Peruvian government takes action it could be resolved.

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