Redistribution Fails

The FEE – Why Won’t the UN Tell Us What Really Reduces Poverty?

If we want to help the poor, we must know what really lifts people out of poverty. And it’s not top-down programs.

Earlier this month, the United Nations urged the world to celebrate the International Day for the Eradication of Poverty, advertising it on social media using the hashtag #EndPoverty. The UN noted the incredible progress on the issue:

Poverty has declined globally, from 1.7 billion people in 1999 to 767 million in 2013, a drop in the global poverty rate from 28 percent in 1999 to 11 percent in 2013. The most significant progress was seen in Eastern and South-Eastern Asia, where the rate declined from 35 percent in 1999 to 3 percent in 2013.

Unfortunately, the UN seems to misunderstand the source of that progress. It argues that government action and top-down technocrat-led programs are to thank for poverty’s remarkable decline. The UN statement continues:

Countries have taken action to end poverty… The Government of Tanzania, for example, started a massive overhaul of its current national programme, the Tanzania Productive Social Safety Nets, to reach people living below the food poverty line.

What Really Happened Click here to read more.