StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Intoduction Development Economics - Essay Example

Cite this document
Summary
Inequality, Poverty, and Demographics in Ecuador Name: Professor: Course: Date: Inequality, Poverty, and Demographics in Ecuador Inequality is a contentious issue for both urbanized and emergent countries, due to its depressing implications on the development and diminution of poverty…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95.2% of users find it useful
Intoduction Development Economics
Read Text Preview

Extract of sample "Intoduction Development Economics"

Download file to see previous pages

Moreover, the document will discuss the prevalence of the inequality in the years. Assessment of the poverty evolution in the country in the last two decades and the factors that led to the performance will be elaborated in the document. The population growth of the country will be part of the subject of the paper since the year 1980. Lastly, the paper will tackle the poverty levels in the country in the nation given its poverty levels in the last two decades. Ecuador is one of the poor countries in the Latin America and the level of inequality of the country’s resources keeps bloating in the developing years.

The country’s inequality is a trending feature that gives the country bad reputation on the priorities the government has put in place to counter the inequality in the country. As the countries natives suffer the economic devastations, some parts of the country enjoy the fruits of tourism and high end bars. This land termed as ‘gringolandas’ are known for the rich culture of using American luxury products and the few elite enjoy the resources generated from the tourist revenue in the country.

Marginalization of the Afro-Ecuadorians in the nation has contributed to the inequality in the country as the communities have the notion that they are the lazy and criminals. A few miles into the Atacames a touristy beach town could benefit the Esmeralda residents but the mindset in the country give the vicious cycle of poverty a chance in the country by fueling the stereotypes on the Afro-Ecuadorians. Racism in the country is a big issue in the country ingrained from the Spanish colonial eras is still evident in the country aggravating the population’s marginalization.

Inequality in the recent years is partly fueled by the environmental devastation in the country. The deforestation and oil spills in the countryside where many indigenous Ecuadorians live become more prominent because the legislature is very corrupt and lacks protective measures to control the companies given the contracts. This degradation of the environment brings the country to depravation of morals and defined greed in the system that governs the country. The constant westernization of the urban Ecuador is very instrumental in the promotion of inequality.

The supermaketization of the urban areas gives convenience to the wealthy but puts the local farmers out of business creating further inequality in the country. In comparison to other countries that have the same income levels, Ecuador has a lower prevalence of the poverty levels compared to the Dominican Republic. However, the level of poverty in Costa Rica is reduced and low in comparison to both countries. Inequality in the countries has declined in the recent years but not in all countries.

The level of inequality in Costa Rica has seen a stagnation trend as compared to the other countries. The evolution of the inequality has evolved in the country citing the new discoveries of natural resources that attract companies that mine without the care for the environment and the natives. Furthermore, the country has had a lot to do with racism, which is a good aggravator of inequality. These changes are occurring because the government and the appropriate bodies are doing little to protect the common person in the country and instead enjoy the luxury that comes with the resources the country contains.

The presence of deeply rooted corruption gives the common person a hard

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Intoduction Development Economics Essay Example | Topics and Well Written Essays - 1000 words”, n.d.)
Intoduction Development Economics Essay Example | Topics and Well Written Essays - 1000 words. Retrieved from https://studentshare.org/macro-microeconomics/1491745-intoduction-development-economics
(Intoduction Development Economics Essay Example | Topics and Well Written Essays - 1000 Words)
Intoduction Development Economics Essay Example | Topics and Well Written Essays - 1000 Words. https://studentshare.org/macro-microeconomics/1491745-intoduction-development-economics.
“Intoduction Development Economics Essay Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/macro-microeconomics/1491745-intoduction-development-economics.
  • Cited: 0 times

CHECK THESE SAMPLES OF Intoduction Development Economics

Growth, Development, and Economic Transformation

Growth, development and Economic Transformation Customer inserts his/her name Customer Inserts The long run implication of Kuznets' stylized facts on economic growth is that economies that go through the process of industrialization particularly witness massive rural-urban migration.... It is also important to note that developing nations cannot follow what their developed nations did in early stages of development (Unruh & Moomaw, 1998).... Infact, the amount of greenhouse emissions inherited by today's less developed nations is much higher than that inherited by their developed counterparts in similar stage of development....
3 Pages (750 words) Essay

Introduction Development Economies

Introduction development Economies Name: Institution: Question 1 i) In Senegal, inequalities that are gender based are reflected in three dimensions by the Gender Inequality Index (GII).... Inequality in Human development Index (HDI) is masked in the human development distribution across the population at the country level.... ii) Over the last two decades, the GII of Senegal has resulted to a loss in human development following the inequality between achievements made by males and females in the three dimensions of GII....
4 Pages (1000 words) Essay

Economics of Development

development economics FOR BETTER LIVING: AN ANALYSISDevelopment economics emerged as a branch of economics because economists after World War II became concerned about the low standard of living in so many countries of Latin America, Africa, and Asia.... The first approaches to development economics assumed that the economies of the less developed countries were so different from the developed countries that basic economics could not explain the behavior of less developed country economies....
12 Pages (3000 words) Essay

Media Economics and Technological Revolution

From the paper "Media economics and Technological Revolution" it is clear that cultural industry can be defined as that industry that incorporates different types of medium including television, music, print media along with art and architecture.... In order to understand the impact of technology on media economics in cultural industries, it is essential to understand the concept of cultural industry (Albarran & Dimmick, 1996, 48).... The developments and growth of mass media in the cultural industry created foundations for media economics....
8 Pages (2000 words) Coursework

Economics in the Early Renaissance

During the early renaissance, governments portrayed understanding of effective taxation thus enhancing the economic development of their semi-autonomous city-states.... The early renaissance witnessed… Just as is the case with contemporary economies, the renaissance economies had myriad industries and sectors besides witnessing the introduction of other exciting sectors such as the banking industry in The economic development at the time portrayed the economy as a cohesive structure with numerous facets all of which function independently albeit in unison to enhance the economic growth of the entire society....
10 Pages (2500 words) Research Paper

Development Economics, Concept of Inequality

economics is a social phenomenon related to the study of individuals, firms, government and nation among each other to fulfil their needs, wants and demands.... economics deals with studying human interactions about the procedure based on which different entities i.... individuals,… Micro and macroeconomics are the two different dimensions of economics.... Inequity and development is the key issues in any economy in which inequity refers to differences in income or wealth, consumption and other variable that are related to the social welfare....
9 Pages (2250 words) Essay

Economic development

For instance, in the ‘60's, new perspectives incorporated agricultural science and economics Economic Development Reading Productivity Growth in World Agriculture The developments in agricultural production started inthe 20th Century with the introduction of modern scientific methods.... For instance, in the ‘60's, new perspectives incorporated agricultural science and economics in a bid to transform the sector into capital intensive.... The common challenges faced by African farmers entail soil exhaustion, water insufficiency and distorted economics caused undeveloped infrastructures....
2 Pages (500 words) Coursework

Key Foundations of Economic Development

"Key Foundations of Economic development" essay focuses on the key factors that are implemented to stimulate the economic growth.... hellip; The definition of development can be quite vague and cause confusions.... It is crucial to understand what development is in order to know how it can be made possible and measured.... A proper understanding of development will help in developing good economic policies that will lead to even more development....
6 Pages (1500 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us