Essay on Poverty Situation in Zambia - 2617 Words

From being one of the most prosperous countries in sub Sahara Africa, Zambia has experienced a sharp decline, a crush, of its economy, which has had a great adverse impact on the quality of 10 million people. The decline started with the rising oil prices of the mid 1970s, which coincided with the drop in world copper prices being the mainstay of Zambian economy. The droughts which were experienced in the early 1980s have persisted into the 1990s and their impact has contributed to the decline in agriculture production. Liberalization and structural adjustment programme (SAP) of the economy denied the faming community access to markets both for agriculture inputs and for sale of produce and this has in many areas reinforced the†¦show more content†¦It attacks a person not only materially but also morally. It eats away ones dignity and drives one to total despair (World Bank 2000) From a poor person perspective, poverty can be described as above. However, there is no single definition for poverty. It is generally agreed through that poverty is a phenomenon of many dimensions. Poverty is a negation of development; and since development is multi-dimension phenomenon poverty is a multi dimensional as well. Poverty differs from one place to another. In the Zambian context it can be defined as lack of access to income, employment opportunities, normal internal entitlement for the citizens to such things as freely determined consumption of goods and services, shelter and other basic needs of life. (Prsp, 1) Another views defines poverty in Zambian context as deprivation of a long health life, educational opportunities, access to resource for a decent standard of living (e.g. income and consumption, health, clean water and sanitation), and lack of freedom to exercise choice and participate in society. (MCDSS, 1988 a cited by ZAMSIF). From the above definitions of poverty, We see that Zambians today are facing hardship because of deprivation of basic essential needs of life. But surely does Zambian poverty situation deserve to be defined in this context? How did Zambia which was one of the most prosperous African nations at Independence end up with such a definition of poverty? The es sayShow MoreRelatedPoverty Of A Indebted Poor Countries ( Hipc ) A Project By The Imf And World Bank Essay1640 Words   |  7 PagesKEY TO POVERTY REDUCTION The World Bank and International Monetary Fund (IMF) with its view that no poor country faces a debt burden that it cannot manage, came up with an initiative in 1996 called HIPC initiative. Since then, the International financial community and the multilateral organizations and governments have worked tirelessly together to reduce external debt to sustain levels for the many Highly Indebted Poor Countries. 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