Explanation of Poverty, Peace and Development

Poverty: Poverty is the crudest form of denial of opportunities and choices to human development. It is a vicious circle, has a long standing history. Still today, it exists as a curse. Poverty prevailed in the past, it exists no’s and it is likely to remain in the future as a course on the human society. Therefore, poverty free world may not be attained through eradications but it must be alleviated to a humane standards and tolerance.

The Effects of Poverty on Educational Attainment of Children

Investment in education depends on the demand for and supply of education, the demand being affected by benefits of education and supply by costs of education. In Bangladesh, social benefits of education are especially high for primary level, but for individual households in rural areas it is the secondary education that gives high returns. Private costs of education at primary level are negligible because of state subsidies and low opportunity cost in terms of foregone earnings of children.

Conceptual Issues Relating To Poverty and Education

The study of poverty and education is difficult not only because of the circular nature of the relationship. It is complex because poverty has many dimensions that are affected by education. Poverty signifies lack of income, and deprivation in terms of political and civil rights, voice, freedom of choice, and the quality of life based on health and education. While education is a goal in itself, it can be instrumental to poverty alleviation working not only through income but through its influence on other dimensions of poverty.

Poverty and Inequality challenges of Bangladesh

Poverty reduction has been a priority objective of development of Bangladesh since its emergence as an independent nation in 1971. Starting from the First Five Year Plan (1973-1978) which emphasized poverty reduction through employment generation, all development plans as well as the two poverty reduction strategy papers recognized the importance of poverty reduction and developed policies and strategies for poverty reduction. Consequently, significant reduction in poverty has taken place in the last four decades – the incidence of poverty as measured by headcount rate declined from more than 80 percent in 1973-74 to 31.5 percent in 2010 (BBS, Report on the Household Income and Expenditure Survey 2010).

Role of Remittance to reduce poverty in Bangladesh

Remittances make a powerful contribution to reducing poverty and vulnerability in most households and communities. The words of Adams are supportive to this view:
When the ‘poorest of the poor’ households receive international remittance, their income status changes dramatically and this in turn has a large effect on any poverty measure.[1]
To assess the impact of remittances on poverty reduction, it is necessary to examine whether remittances affect multidimensional aspects of household poverty.