Concepts
During recent decades, development thinking has shifted from modernization and structural adjustment programs to poverty reduction. Under the former system, poor countries were encouraged to undergo social and economical structural transformations as part of their development, creating industrialization and intentional industrial policy. Poverty reduction rejects this notion, consisting instead of direct budget support for social welfare programs that create macroeconomic stability leading to an increase in economic growth.
The concept of poverty can apply to different circumstances depending on context. Poverty is the condition of lacking economic access to fundamental human needs such as food, shelter and safe drinking water. While some define poverty primarily in economic terms, others consider social and political arrangements also to be intrinsic - often manifested in a lack of dignity.
Read more about this topic: International Development
Famous quotes containing the word concepts:
“Institutional psychiatry is a continuation of the Inquisition. All that has really changed is the vocabulary and the social style. The vocabulary conforms to the intellectual expectations of our age: it is a pseudo-medical jargon that parodies the concepts of science. The social style conforms to the political expectations of our age: it is a pseudo-liberal social movement that parodies the ideals of freedom and rationality.”
—Thomas Szasz (b. 1920)
“Once one is caught up into the material world not one person in ten thousand finds the time to form literary taste, to examine the validity of philosophic concepts for himself, or to form what, for lack of a better phrase, I might call the wise and tragic sense of life.”
—F. Scott Fitzgerald (1896–1940)
“When you have broken the reality into concepts you never can reconstruct it in its wholeness.”
—William James (1842–1910)