Sunday, March 30, 2008

Misconceptions on Poverty and Jeff Sachs.

This is an interesting clip on the conditions of the poor specifically in Bangladesh. You may read Muhammad Yunus' Banker to the Poor for better illustration on the living conditions over there and some of the misconceptions of the "deemed-lazy" locals.

It's pretty interesting that while some of us (and myself especially) complain about our study loads or papers for our respective education program - somewhere across the world, young children ,themselves, sees the value of education and despite the hardship that they are going through which leads to a need to have a job still find time to go to school for an education. Sparks a lot of thoughts no?

Moving forward, I just wanna share some thoughts by Jeffrey Sachs, author of The End of Poverty, on how biotechnology integrated in agriculture would widely create an impact on poorer economy and especially in the lives of the majority poor in this world we share.

And I'd like to share further interviews on Jeffrey Sachs, a well respected economist from Harvard who is currently with the University of Colombia (New York) specifically looking into issues that would facilitate in meeting the Millennium Development Goal (MDG). He was also an adviser to many countries and currently sits in as adviser to the UN in regards to issues related to MDG and helping the eradication of poverty. His book: The End of Poverty is indeed a recommended read.

In this clip he talks about some wide issues that I think you would find interesting.


cerebrator said...

The biotech industry is currently under corporate oligopoly such as Monsanto. And they profit from their patented technologies.

It would be damaging for developing countries if patented technologies are forced to be used.

"You want loan from the World Bank? Make sure you use this technology only."

And when the patented technologies are used, farmers are constantly required to pay high fees to corporations. And not many farmers are able to afford this.

"Modern biotechnology research may help reduce poverty... only if it focuses on the problems and opportunities poor people in developing countries face and only if appropriate policies accompany it. Modern biotechnology is not a silver bullet, but it may be a powerful tool in the fight against poverty and should be made available to poor farmers and consumers."
- Per Pinstrup-Andersen


have you read confessions of an economic hitman? some might say that it's conspiracy theory - assuming that's true, some of the concepts as to how develop nations with technologies exploit poorer qualities but implementing or enforcement of this - at most time - unnecessary and less effective technologies are case in points as to how this bio-tech corps work.

unless and until we can filter this "wormy" issues - it's a long process.

cerebrator said...

Nope I haven't read it yet. But I'll be sure to give it a look if I see it... Thx!