The prevailing poverty and inequalities in the world Essay

The prevailing poverty and inequalities in the world - Essay Example More specifically, the Summary Report of the Social development: implementation of the outcome of the World Summit for Social Development and of the twenty-fourth special session of the General Assembly states (2006) that around the world some of "those working did not earn enough to lift themselves and their families above the $2-a-day poverty line" (p.3) In other words, it has quantified economic impoverishment as an earning below the amount of two USD. Hence those people who do not have opportunities to earn a minimum of 2 USD per day, as said to be in a state of poverty. According to the Summit Report of the United Nations General Assembly (2006), the approximate estimate of those living below the poverty-line globally, was about 1.4 billion. This is despite the fact that this 1.4 billion is a working force. According to the report "although the share of the $2-a-day working poor in total employment had decreased to 47.4 per cent in 2006, from almost 55 per cent in 1996" (p.3). Moreover, other categories of aged unemployed, women and children unemployed also fall into the category of 'people living below the poverty line, according to the Summit Report (2007, p. 2-3). The overall figures of the various figures show a m