The Relationship between Poverty, Governance and Development and an Essay

The Relationship between Poverty, Governance and Development and an Analysis of the Strategies used by Key Actors in Dealing with these Three Variables - Essay Example Globalisation has taken the centre-stage in national affairs around the world in the past twenty years.This has been characterised by the fast growth in cross-border communication and travels, harmonisation of standards, stronger international treaties and the growth in the number of multinational organisations and entities.Globalisation has been supported by global partnerships and improved systems of cooperation amongst nations. It is obvious that governance in nations have changed and there are communities affected by global governance and standardisation now than ever. In spite of this, there are huge disparities between nations in different parts of the world. The aim of the research is to identify the relationship between poverty, governance and development and an analysis of the efficiency of methods used to deal with these three variables by governments and other key actors. In attaining this end, the following objectives would be explored by the researcher in order to draw a conclusion on the dominant trends in the relationship under review: 1. A critical examination of the key concepts: poverty, governance and development. 2. An evaluation of the key stakeholders and approaches used to deal with poverty and the metrics in examining them. 3. An assessment of the results of the strategies and approaches used to deal with poverty and its effectiveness. 2.0 Critical Examination of Key Concepts: Poverty, Governance and Development This section of the research would examine the key concepts under discussion in the paper. It would involve the definition of the three main concepts of poverty, governance and development. This review of literature will assess important trends that describe these three ideas in the international and global context. The popular definition of global poverty was set by the United Nations in 1995 (Segal-Horn and Faulkner, 2009). The definition include the people who live on â€Å"less than one dollar a day† (Segal-Horn and Fa ulkner, 2009). This classification provides a standardised view of who are poor and cannot afford the basic necessities of life. Generally, the world is divided into nations where there are few people who live below the poverty line and those who have most of their citizens living above it (Held and McGrew, 2007). The classification on the basis of the majority of nations provides a categorisation of richer nations and poorer nations. The classification provides an idea of the quality of life of nations and how much is available to people and how wealth is distributed in each of the nations. Another approach of viewing poverty on the global scale is to view the infrastructural development of the nation (McNeill and StClair, 2009). To this end, McNeill and StClair identify that some nations have better developed infrastructure whilst others have less developed systems and structures (2009). The classification on the basis of infrastructure puts nations into classes of developed, emer ging and underdeveloped nations (Thomas, 2000). Developed nations are those that have the best and most advanced structures and amenities which provides a good life for their citizens. Underdeveloped nations are those that have limited infrastructure whilst emerging nations are those in the transition between developing and developed nations. Most developed nations are in the northern continents like Europe and North America whilst the underdeveloped states are in the southern hemisphere. The criticism of the model of classifying nations according to their infrastructural base is that, they do not give a clear picture of how well wealth is distributed in these nations. A typical example is the case of large federal nations in the developing world like India, Mexico and Brazil who have huge national funds which can afford to fund the largest projects. Yet, these