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Explain the cause of poverty in LDCs and the most appropriate policies to tackle poverty Introduction In any year nowadays between half a billion to three fourths of a billion people are living in starvation conditions At the same time it has to be admitted that in the years since the end of the Second World War we have witnessed a more sustained growth in output of almost all goods than at any other time in history of mankind Population has grown life expectancy has increased and at the same time incidents of catastrophic mortality in any part of the world have attracted sympathy But still a vast percent of the population of Earth is ill fed ill clothed ill housed under-educated and prey to preventable disease Some believe that over time the laws of supply and demand will establish an optimal equilibrium in the national and the international markets In that case governments in LDCs have to stop interfering with the operation of these laws Obviously the roote of the problem often referred to as poverty is not as easy to explain and equally so is its solution The causes of poverty By far the most important reason for the failure of previous efforts to mitigate poverty and its symptoms in the developing world has been the explosive increase in population This has been the result principally of the deep disturbance to ecological balance brought about by the antibiotic-therapeutic revolution in the highly developed areas of the world which was transplanted to the less developed countries after the Second World War On the other hand there has as yet been relatively little success in increasing output in the traditional sectors of agriculture It is still uncertain for example to what extent recent increases in agricultural output have been associated with the cycle in climatic conditions rather than with new techniques of production although much has been made of the spectacular
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