Tuesday, December 27, 2005

Why are people poor?

Researchers have found that the most important reason for poverty is debt, and the most important reason for debt is healthcare. It works like a spiral. A family member falls sick and his source of income is cutoff. This leads the family into debt, and often times families are not able to emerge out of debt. Sometimes this even leads to the death of the family member, which has even severe repurcussions to the economic health of the family. Is this the reason why micro-financing is so important? And what can we do to improve healthcare in a country having the third-largest number of doctors in the world? Is it a lack of facilities, os is it a lack of accessibility, or is it a lack of dedication, or is it simply incompetency?

1 Comments:

Blogger Abhishek Goyal said...

This sounds a little strange though. Someone is poor because he doesn't earn enough even though he may not be facing any health problem or anything. Health problem only arises uncertaininty in the course of life and the plans you make assuming you will be earning as per you are doing today. And this uncertainity can be because of not just health based reasons. The economy can be slow enough to make everyone in town poor despite being in perfect shape all the time.

Definitely lack of dedication is one of the bigger reasons for the cause :)

8:01 AM  

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