Poverty affects international politics in many ways. Here are some notable ones.
- Poverty impacts immigration. If given the chance, many individuals from developing nations would choose to live elsewhere. Countries affected may benefit or suffer.
- Poverty impacts global commerce. Lower-wage countries may create a lot of labor-intensive goods for less than wealthier nations. Thus, a prosperous nation may have a negative trade balance and lose industries due to market forces. Poor nations also have less money to spend on imports. Poor nations should sell more and import less. This may deter wealthy nations from trading.
- Poverty affects stability. The unstable are those in between ruthless dictatorships and well-off democracies. Thus, improving a poor nation's material status might cause discontent. Instability hurts markets. Poverty affects a country's tax income, which limits its capacity to provide services, particularly safety services. Poor nations are more hazardous than rich ones. In impoverished nations, corruption may be worse.
- Global health is affected by poverty. Poorer nations have worse hygiene and healthcare standards. As a result, illnesses that are rare or absent in the industrialized world are more widespread. This may harm economic activities and transmit infections. Remember the Ebola scare? Poverty contributed.
- Thus, poverty affects immigration, commerce, stability, a country's capacity to provide services, health, and economic resources, and international politics. All of the things would hinder realizing global and national economic potential. Extreme poverty is falling quicker than expected. I hope this continues.
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