What theoretical views are expressed by the handling of the author against the topic? "World poverty is a tragedy and shame in our wealthy age" (Smith 13). Elimination of extreme poverty is always one of the world's biggest challenges. Indeed, today, poverty is a major concern for some countries. According to Stephen Smith, the author of the book, poverty elimination requires eight key drivers to escape the poverty trap and provides health, nutrition and child development potential for adults . Independence is the basis of credit and the basic insurance of work
Steven C. Smith is a professor of economics and international affairs at George Washington University and a director of the poverty development and globalization research program. He is also a member of the Technical Advisory Committee of the GW Africa Safety and Health Center. His work focuses on economic development, with particular emphasis on solving extreme poverty problems. He is also studying economic development strategy and participation in economics. Both Todaro and Smith have the same background of economics. For example, their school team experience, Todaro's education in Africa, Smith is a member of the Technical Committee of the Africa Health and Safety Center and their concentration on development is inconsistent with traditional definition Economic development It helped to define.
The key to Smith's claim is that "freedom increases by stopping immigration control, poverty in the world decreases, and economic growth accelerates." The open border brings about 640 million immigrants, leading to increased land value, falling prices of labor-intensive products and services, and rising stock prices. Mr. Smith is a precedent for economic prosperity whether "the borders of most worlds can pass freely without a passport" whether the benefits of the open border of the 19th century will double the world's GDP I quote an economic study to estimate whether or not.
In 1800, few countries achieved economic growth. The graph shows that most people in the world live in poverty and their income resembles that of today's poorest countries. Our understanding of the world's extreme poverty shows that over the overwhelming majority of the world's over 80% of the world lived in material situations in the early 19th century. In 1775 years after 1975, the world has changed - it has become very inequality. The income distribution in the world is bimodal and has the shape of a camel. The second hump with a hump that is less than the international poverty line and a considerably high income - the world is divided more than ten times in poor developing countries and wealthy developed countries