<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>The paper studies the phenomenon of poverty in underdeveloped/third-world countries, particularly within the context and the failure of international organizations in Sub-Saharan Africa. The article analyzes that the increasing problem of poverty in the region’s countries/Africa is a replication of the failure of the organizations such as the IMF and the World Bank policies such countries. Despite some projects such as Millennium Development Goals (MDG), Sustainable Development Goals (SDG), and many more by the United Nations. Many of these programs have failed to eradicate or reduce poverty. Instead, the situation has worsened most, especially in Africa, where the rate of poverty is increasing, with several regions in the continent experiencing the worse hunger epidemic in recent times. Therefore, the research posits that the failure of international institutions, the World Bank, and IMF policies have immensely become a significant contributing factor to the poverty level in Sub-Saharan Africa.</p>
</abstract>

The paper studies the phenomenon of poverty in underdeveloped/third-world countries, particularly within the context and the failure of international organizations in Sub-Saharan Africa. The article analyzes that the increasing problem of poverty in the region’s countries/Africa is a replication of the failure of the organizations such as the IMF and the World Bank policies such countries. Despite some projects such as Millennium Development Goals (MDG), Sustainable Development Goals (SDG), and many more by the United Nations. Many of these programs have failed to eradicate or reduce poverty. Instead, the situation has worsened most, especially in Africa, where the rate of poverty is increasing, with several regions in the continent experiencing the worse hunger epidemic in recent times. Therefore, the research posits that the failure of international institutions, the World Bank, and IMF policies have immensely become a significant contributing factor to the poverty level in Sub-Saharan Africa.

Poverty in Sub-Africa: Reflecting on the Failure of International Global Governance

Studia Historiae Oeconomicae

This work is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License.

The paper studies the phenomenon of poverty in underdeveloped/third-world countries, particularly within the context and the failure of international...

Poverty in Sub-Africa: Reflecting on the Failure of International Global Governance

Publié en ligne: 30 déc. 2022

Pages: 123 - 135

DOI: https://doi.org/10.14746/sho.2022.40.2.006

Mots clés
Africa, Global Governance, International Organization, Poverty, IMF, World Bank

© 2022 Hassan Attahiru Gwandu, published by Sciendo

This work is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License.

Poverty in Sub-Africa: Reflecting on the Failure of International Global Governance

Publié en ligne: 30 déc. 2022

Pages: 123 - 135

DOI: https://doi.org/10.14746/sho.2022.40.2.006

Mots clésAfrica, Global Governance, International Organization, Poverty, IMF, World Bank

© 2022 Hassan Attahiru Gwandu, published by Sciendo

This work is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License.

Mots clés
Africa, Global Governance, International Organization, Poverty, IMF, World Bank