Extreme poverty is an issue many have tried to solve. Typing  in how to solve world poverty on Google retrieves a multitude of the same results. But Policymic has provided an interesting take on innovation and the impact it can have on ending poverty. Below are the five ways Policymic believes progress can be made.

  1. Deworming: Helmiths, roundworms, whipworms, and hookworms all reside in places with over 270 million preschool children and 600 million school age children. These worms create nutritional deficiencies, which can stunt the growth of children. Polymic projects that a 20 cent pill targeting these parasites can improve a child’s future wage by nearly 20%. Clearly this is a valuable investment.
  2. Give Away Free Money: It’s simple. Walk up to a person who is suffering from poverty and hand them over money. Why? Studies show that the money handed over will create a sizeable investment return. Doing something nice like this can go a long way.
  3. Give Communities Microgrants: The investment of a microgrant, which is non-refundable, into a community can help a local economy get started. A significant amount of money can create serious development and help the citizens of a community flourish.
  4. Minimize Travel Restrictions: International citizens traveling to wealthier countries improve their developing countries economy. $400 billion were sent home from international workers in 2012. This money serves a variety of purposes and is an important source of funding.
  5. Improve Developing Countries GDP: The best way for developing countries to escape poverty is to improve their economic growth. Poverty has been cut in half due to developing countries gross domestic product being boosted six percent annually.

– William Norris

Sources: Policymic WHO

Immigration has always been a hot button issue, especially considering the comprehensive reform laws currently being debated by U.S. congressional leaders. However, what effect would the opening of the nation’s borders have on global poverty? According to several developmental thinkers, quite a bit, as adopting many of the mass migration policies called for in the open borders theory could hypothetically eliminate global poverty forever.

The researchers responsible for the open borders theory, drawn from such disparate fields as Mathematics, Economics, and Philosophy, argue that through the enforcement of a closed border policy, individuals are stripped of their basic human right of self-determination. Furthermore, by allowing migrants to move freely between nations, the net loss of labor productivity could theoretically double the world’s GDP through the mitigation of capital flow inefficiencies.

In regards to the open borders theory, developmental economist Michael Clemens noted that, “Immigration is very, very far from being a zero-sum game of their poverty or ours. Within ranges that even slightly resemble current migration levels, it is rather simply ‘their poverty or their prosperity,’ while we remain prosperous.”

Additionally, supporters of the open borders theory debunked the notion that a huge influx of migrants would depress the wages of developed countries based upon the net employment gains of the managerial sector. And by enabling efficient use of migrant skill sets underutilized by the inadequate facilities of the global south, developed economies would reap huge financial dividends.

Although the open borders theory is still in its infancy and years away from being considered as a realistic solution to global poverty, innovative ideas such as these help to encourage further debate involving current developmental policy. Michael Clemens remarked that, “Development is about people, not places.”

– Brian Turner

Source: The Atlantic
Photo: Women On The Border


As the world deals with the movement of millions of people as refugees, illegal immigrants, or simple shifts of communities, it is important for countries experiencing these changes in large numbers to recognize that whether they choose to identify it as an issue, for better or worse, it is not going to disappear. Secretary General Ban Ki-moon led the first day of the 46th Commission on Population and Development in New York whose 5 day conference will address how countries should deal with migration, both internal and external.

It is at a point when halting the movements of people takes more energy and wastes more time than finding solutions that will harness their skills and help them assimilate into their new home. Ban Ki-moon brought up the reality of the situation that “It is not a question of whether to halt the movement of people across borders. The question is how we plan for such movements and make the most of them.” The same 5 goals should be taken into consideration in a variety of situations: whether it is for Syrian refugees fleeing across borders to Jordan or Iraq or Sudanese fleeing Darfur for another region in their country.

  • Ensuring the safety of migrants and a legal passage

  • Creating a direct connection between the policies on migration and the job market

  • Recognizing the presence of illegals and addressing their concerns

  • Facilitating societal integration for the migrants into their new communities

  • Allowing for a timely return to home countries if necessary

While these goals are clearly easier said than done, following this path would ensure that migration is not a win-lose situation but more of a win-win. For countries experiencing such population patterns, we must hope that they understand how important working with migrants is to not only better their lives, but perhaps better the lives of their country’s long time citizens, economy, and general fit into the global arena.

Deena Dulgerian

Source: UN News Centre