Drugs and Poverty Literature Review
Drugs and Poverty Literature Review
Review
The above discussion has sought to emphasize the fact that poverty is a
complex and complicated multi-dimensional phenomenon, comprised of
many constituent elements. All our programs are designed to reach out to and
engage with people living in persistent poverty in ways that uphold the
dignity of each person. Over the counter medicines are usually accessible
over the counter, without a doctor's prescription, for a variety of medical
conditions and symptoms. Most over the counter drugs can also be purchased
over the counter, without a doctor's prescription, for various non-medical
purposes. In fact, the minimum wage law is an unproductive and
unconstitutional law that increases unemployment, does not reduce poverty,
and should be repealed. On the basis of the above stated facts, some
development scholars have argued that the Mexican crash was an immediate
consequence of the pursuit of development of poverty reduction through
neoliberalism. Through the analysis of neoliberalism as a development
strategy and, more specifically, as imposed upon Mexico by the IMF, the
aforementioned claim shall be investigated.
Drugs and Poverty A Literature Review PDF Social Exclusion ... Colleges are
getting more impacted, in which leads to an increase atmosphere of
competiveness. However, it is generally recognised that altruism is the most
potent motivator for remittance-sending, fulfilling a sense of responsibility
and motivated out of legitimate affection for family members (Maimbo and
Ratha 2005). It interferes with communication between nerve cells and all
other cells, suppressing the activities of excitatory nerve pathways and
increasing the activities of inhibitory nerve pathways. Several researchers
have found that remittances tend to enhance income inequality and ultimately
raise the poverty level. However, to judge whether or not the crisis was a
consequence of the SAPs which outlined neoliberalism as the chosen
development policy, it is essential to trace the roots of the crisis. Dendir and
Pozo (2005) found that in Ethiopia, remittance-accepting households tend to
invest more heavily in education than non-remittance-receiving counterparts.
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Aggarwal et al. (2011) examined data from over 100 countries and found that
remittances improved financial sector growth which, in turn, created new
business, consumer and industrial opportunities that alleviated poverty ratios
long-term. Somalia would seem to point toward a set of mitigating
circumstances that might enhance poverty reduction or challenge it. Through
the analysis of neoliberalism as a development strategy and, more specifically,
as imposed upon Mexico by the IMF, the aforementioned claim shall be
investigated. As Cornwall and Brock (2005) explain, development policy is
primarily geared towards the resolution of poverty and quite explicitly
identifies the stated condition as a consequence and cause of poverty. By
continuing we’ll assume you’re on board with our. Seiber (1982), a
development scholar, perceives of poverty as a direct outcome, and condition
of, underdevelopment.
Drugs poverty and community development Barry Cullen There is less
instance of poverty in urban regions in Somalia (as shown by Figure 1) and
there is no empirical data generating support that urban remittance-seeking
households have educational opportunities created as a result of the
remittance, itself. This is precisely what happened when customers began to
default on loan payments (Gruben and McComb, 1997), marking the first
causal factor in the Mexican financial crisis. It would theoretically be the
long-term goal of the benefactor remitter to encourage education as a means
of ending dependency on remittances to encourage more self-sustainment. It
is such an honor to be able to learn from a person who have witnessed how
drugs affected ones’ life, helped in the prevention of illegal drug abuse, and
presented verified facts. As stated at the very beginning of the research, the
interrelationship between poverty and development is undeniable, thereby
emphasizing the imperatives of resolving underdevelopment through poverty
eradication strategies. Furthermore, Taylor (1992) and Adams (2005)
discovered that in Mexico and Guatemala increases in household income
improved consumption and asset procurement which contributed to reduction
in household poverty.
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You can download the paper by clicking the button above. See other similar
resources ?2.00 (no rating) 0 reviews BUY NOW Save for later Not quite
what you were looking for. And this has been the trend over the past in such
a manner that it attracted global debate ineffectiveness of such aid and
necessitated a number of agreements, one in 2005 and the other in 2008 to
help in achieving higher effectiveness. Hence, having a higher volume of
assets might theoretically insulate a remittance-accepting household from
falling into the poverty furrow. We’ve noticed some unusual traffic coming
from your network. One empirical study found that in Haiti, increases in
remittances offset 20 percent of the shock and damage from 2004’s
Hurricane Jeanne that struck Haiti for remittance-receiving households as
compared to households without this increased income opportunity (Yang
2008).
PDF Book Review Drug Use and Abuse Conversely, within the confines of
underdeveloped societies, both chronic and absolute poverty are the rule, not
the exception. They criticise the reports for praising governments that violate
human rights, such as Thailand and China. This is about a 20% increase from
a survey that was taken 5 years prior. Remittances may also alleviate some
dimensions of poverty within a country or community. Certainly, it is
deprivation but it is countless forms of deprivation, be it social, economic,
political or geographic. It acts primarily on the nerve cells within the brain.
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The method entails using the sight senses to record information about a
certain social phenomenon in which in this case is poverty. This is 100%
legal. You may not submit downloaded papers as your own, that is cheating.
Also you. Various character strengths that may provide a sound foundation
for psychosocial intervention programmes to re-launch newly impoverished
people into economic independence are identified. While the majority of
countries recognize the exigencies of the aforementioned assertion, there
remains an overwhelming tendency to implement development and poverty
eradication strategies and policies which are neither informed by an
understanding of the extent and cause of poverty in a specific country, nor
by the associate consequences and, therefore, challenges to development.
Receive a tailored piece that meets your specific needs and requirements.
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PDF A Critical Review of Rural Poverty Literature Is There Truly a ...Hence,
with evidence that a massive portion of the country’s entire GDP is founded
on remittance payments and that household consumption increases as a result
of remittance-receiving, is there evidence that poverty is reduced in Somalia
as a result of remittance payments. This is probably due to the fact that THC
potency in cannabis has nearly tripled in the past 20 years. In light of
aforementioned imperative and in reflection of the discussed definitions that
one may define poverty as the absence of equality, choice and opportunity.
Adams, R.H. (2011). Evaluating the economic impact of international
remittances on developing countries using household surveys: a literature
review, Journal of Development Studies, 47(6), pp.809-828. Scottish Drugs
Forum Conference 2006 Morag Gillespie. Susan Buchbinder, MD HIV
Research Section San Francisco Department of Public Health International
AIDS Society Meeting Mexico City August 4, 2008 MRKAd5 trivalent
vaccine Vaccine: 1:1:1 admixture of 3 Ad5 vectors.
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As the process of getting a college diploma gets more and more stressful and
competitive. Quite simply stated, poverty functions s the foundations for
dependence, whether on the level of individuals or of nations. The
cumulative effect of the stated was the exacerbation of poverty, defined as
the intensification of social, political and economic deprivation, ultimately
lending to widespread political unrest and economic collapse. Although the
local rate of prescriptions for opioids (51.2 per 100 persons) remains lower
than both the state rate (57.6) and national rate (66.5), APH reports that from
2006 to 2016, 1,398 Travis County residents died due to drug overdoses, an
average of 127 each year. Remittance-receiving households might
theoretically have more opportunities to gain knowledge of sustaining better
personal health, such as improved sanitation or producing safer drinking
waters (UNDP 2009), gleaned through improved educational investments.
One empirical study found that in Haiti, increases in remittances offset 20
percent of the shock and damage from 2004’s Hurricane Jeanne that struck
Haiti for remittance-receiving households as compared to households without
this increased income opportunity (Yang 2008).
PDF Ill-health and Poverty A Literature Review on Health in Informal ...
Due to years of Civil War, a great deal of the nation’s infrastructure has been
destroyed and the government maintains a difficult time attempting to
stabilise a troubled economy. Now more than ever, we need your support to
continue supplying Austin with independent, free press. There is less instance
of poverty in urban regions in Somalia (as shown by Figure 1) and there is no
empirical data generating support that urban remittance-seeking households
have educational opportunities created as a result of the remittance, itself.
Lindley (2010) also claims that Somali remittances are devoid of social
philanthropy that is justified by a clan-based culture. Poverty is popularly
understood as economic deprivation, inhibiting access to necessary resources
such as food, medication, shelter or clothing. References Andrew Macintosh,
20 March The report points to complex links involving fragile family bonds,
psychological discomfort, low job opportunities and poor community
resources.
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It does not appear, therefore, that the high volume of remittances in the
country, equal to 20 to 50 percent of the nation’s entire GDP, has insulated
citizens in the country from food insecurity or being at risk of severe famine.
Levine (2004) asserts that when nation has superior-functioning banking
systems, it serves as a stimulus for national economic growth. While the
above assertion is valid and development policies, as does development
theory, embrace poverty alleviation strategies, the fact remains that they are,
more often than not, characterized by failure. It was, indeed, an eye- opener
for all the youth who are now preparing to enter the “real” world. As the
process of getting a college diploma gets more and more stressful and
competitive. In the 1990s the average THC concentrate was about 3.8%
whereas, in 2014 the average THC contrition was 12.2%. Researchers still
don’t fully understand the effects of high potency THC on the developing
brain.
Drugs and Poverty Literature Review .docx - Drugs and poverty A ... Susan
Buchbinder, MD HIV Research Section San Francisco Department of Public
Health International AIDS Society Meeting Mexico City August 4, 2008
MRKAd5 trivalent vaccine Vaccine: 1:1:1 admixture of 3 Ad5 vectors. CCF
offers this study to our community and colleagues as a contribution to our
common effort to reduce poverty plaguing the world’s children. In other
words, and as Sen (1984; 1985) maintains, poverty is the absence of choice,
be it on the political, economic or social levels. See other similar resources
?2.00 (no rating) 0 reviews BUY NOW Save for later Not quite what you
were looking for. Download Free PDF View PDF Understanding Children's
Experiences of Poverty: An Introduction to the DEV Framework Thomas
Feeny This paper argues that children experience poverty in three domains:
Deprivation, Exclusion and Vulnerability.
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Hidden Harm Next Steps “as a first step we need to explore putting an oral
contraceptive in methadone. Booth, A. and Mosley, P. (2003) Introduction
and context.' In The New Poverty Strategies: What Have They Achieved
What Have We Learned Eds. The primary reason for the articulated
outcomes, as shall be further explored in the succeeding section, was that the
selected development policy was not predicated on an analysis of the type,
causes and consequences of poverty in Mexico, not on a detailed
understanding of the obstacles to development confronting the nation. This is
100% legal. You may not submit downloaded papers as your own, that is
cheating. Also you. Due to years of Civil War, a great deal of the nation’s
infrastructure has been destroyed and the government maintains a difficult
time attempting to stabilise a troubled economy. Stahl, C. (1982). Labour
emigration and economic development, International Migration Review, 16,
pp.8688-8699.
Literature review on drug abuse - inhisstepsmo.web.fc.com To us, poverty is
lack of education, safety, suitable homes, clothing, food, and other resources.
Gundel (2003) asserts that many remittances delivered to Somalia stem from
young women and men who had opportunities to seek education abroad,
given opportunities for scholarships from Britain, Italy and the Soviet Union.
Furthermore, students that are at higher risk of drug use are those who face
personal issues in this new stage in life. Whilst Somali remittances are
delivered with the intention of covering day-to-day living expenses, it is
common practice in Somalia for remittance benefactors to send funds to
provide a self-sustaining environment and reduce remittance dependency
from the recipients (Hassan and Chalmers 2008). These youths who now
deliver Somali remittances already hailed from more elite families with pre-
existing social connections and resources. All of us can be part of this work in
our daily lives.
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Increasing these levels of neurotransmitters causes one’s heart rate and stroke
volume to rise increasing cardiac output making the heart work extra hard
causing blood pressure to rise. For city-dwelling households receiving
remittances, their access to improved education is already sustained as
compared to their rural counterparts, hence little support can be granted
toward remittances, themselves, as being the key toward poverty reduction.
The Mexican financial crisis broke out in December 1994 with the sudden and
drastic devaluation of the peso. Development theory attests to this
relationship and has, without exception, identified the eradication of poverty
as synonymous with development. These youths who now deliver Somali
remittances already hailed from more elite families with pre-existing social
connections and resources. Conversely, within the confines of
underdeveloped societies, both chronic and absolute poverty are the rule, not
the exception.
Issue of Drug Usage among Emerging Adults Free Essay Sample on ... On
the other hand, over the years, the awareness of global migration and its
impact on expansion has evolved, because of the growing recognition of the
importance of remittance. It interferes with communication between nerve
cells and all other cells, suppressing the activities of excitatory nerve
pathways and increasing the activities of inhibitory nerve pathways. As far as
the Mexican case is concerned, neoliberalism as a development policy, and
austerity as a poverty eradication strategy, had markedly adverse
consequences on both national development and on the phenomenon of
poverty. There are controversial conclusions in this study document. Hence,
education of remittance-accepting household members might be fuelling
similar migration patterns in pursuit of improved personal health in regions
with greater employment and education opportunities. This series challenges
many of the standard operating assumptions which may well be invalid.
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Nearly all development funding has come not from domestic sources, but
from international aid programmes (UNDP 2012). Whereas,
methamphetamine is a schedule I drug that is classified as highly addictive
and illegal substance but, “Smart drugs” are prescribed by doctors all across
the nation. “Smart drugs” also known as legal meth messes with your brain
chemistry producing more dopamine causing one to feel good and increases
attention span. The aforementioned failure does not detract from the validity
or worth of neoliberalism as a development and poverty eradication strategy
but it highlights the unsuitability of the strategy to the particular context of
application discussed. While the scholarly literature on families experiencing
poverty is sizable, relatively little attention has been paid to how children
describe what it is like to be poor, their thoughts and feelings about their
economic status, and the roles that they see benefit programs playing in their
lives. Now smoking cannabis is more socially acceptable than smoking
cigarettes in today’s society. It does not appear, therefore, that the high
volume of remittances in the country, equal to 20 to 50 percent of the nation’s
entire GDP, has insulated citizens in the country from food insecurity or
being at risk of severe famine.
PDF The Utility of Operant Conditioning to Address Poverty and Drug ...
Van Hear (2003) contends that because of this clan-based Somali culture,
poorer community members are rarely the recipient of remittance benefits.
Additionally, in Somalia, remittance-receiving households are often city-
dwelling households and investment in education occurs within these
particular households (Maimbo 2006). All of us can be part of this work in
our daily lives. It is estimated that a whopping 20 to 50 percent of the
nation’s entire GDP is founded on remittance payments (Hassan and
Chalmers 2008). Perceiving is acting We perceive in order to act What we
perceive is first and foremost action possibilities (affordances). In a country
where poverty does not decrease, even with heavy reliance on remittances, it
may be the how remittances are spent (such as livestock or durable assets)
determines the long-term capability of remittances to reduce poverty.
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The United Nations describes Somalia as “the worst humanitarian crisis in the
world” (UNDP 2012, p.34). Conflict and drought have left 4 million Somali
citizens at a high level of risk for starvation and 750,000 facing severe famine
(UNDP 2012). The IMF agreed on the condition that Mexico implements a
set of neoliberal structural adjustment policies, designed to instigate economic
development and gradually resolve the problem of poverty in the country
(Hellman, 1997). Remittances may also alleviate some dimensions of poverty
within a country or community. This needs to be highlighted as later
discussion will examine how poverty alleviation strategies may confront this
particular aspect of poverty in the hopes of constructing an agenda for
sustainable development. The IMF imposed austerity programs, ironically
inspired by the determination to conserve societal resources by reducing state
expenditure and, thereby, improving living standards, were a source of
political protest and unrest. Perhaps, then, it is a product of environmental
factors, such as having a strong financial sector governed by a commercial
bank, that serves as the foundation for poverty reduction and is not
necessarily attributable to remittances.
Drugs and poverty a literature review Main purpose business planPeople in
poverty have unique knowledge and experiences. Let us write or edit the
literature review on your topic. Thus, the chosen economic issue that resulted
from the economic crisis is poverty. It would theoretically be the long-term
goal of the benefactor remitter to encourage education as a means of ending
dependency on remittances to encourage more self-sustainment. Reviews
Select overall rating (no rating) Your rating is required to reflect your
happiness. Definitions of poverty are provided from various perspectives,
reasons and causes for poverty are analysed, and descriptions are provided of
the impact of poverty on adults and children.
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Poverty is not having enough to cover your needs and having to worry about
what’s happening now that about what’s happening tomorrow. This is because
the policy in question may be more attuned to the conditions prevalent in one
country but not to those which dominate in another. It is precisely due to this
that the IMF-designed and imposed neoliberal development and poverty
reduction strategy in Mexico proved a resounding failure. See Full PDF
Download PDF See Full PDF Download PDF Related Papers Experiences of
Parents and Children Living in Poverty A Review of the Qualitative
Literature Katherine Griffin One in five American children — 14.5 million —
live in poverty, with even higher proportions among groups such as black and
Hispanic children and those in rural areas. Read inhalants and take notes on 1.
Effects 2. Categories and examples 3. Van Hear (2003) contends that because
of this clan-based Somali culture, poorer community members are rarely the
recipient of remittance benefits.
PDF Substance Abuse A Literature Review of the Implications and ...Edit
them in the Widget section of the Customizer. It will help in reducing hunger
within the country and other countries abroad. It is estimated that a whopping
20 to 50 percent of the nation’s entire GDP is founded on remittance
payments (Hassan and Chalmers 2008). In support of his chosen definition,
Sachs (2002) points towards the fact that underdeveloped nations, compared
to the developed ones, suffer from a marked lack of knowledge. The
implication here is that development policies should proceed from a coherent
and cohesive understanding of the componential elements, and causal factors,
of poverty within any given society and emanate from within the confines of
a design parameter dictated by the identified poverty type, causes and
characteristics. Poverty is not having enough to cover your needs and having
to worry about what’s happening now that about what’s happening tomorrow.
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Young women are now about half as likely to smoke as young men and the
drop in smoker numbers was greatest among young white women living in
Manhattan. In Somalia, significant consumption towards education is
occurring, but usually with existing elite families receiving remittances.
Hence, this may provide justifiable evidence that remittances must be
received by lower-income households, rather than more well-to-do receiving
households, if any measurable change in poverty is to be witnessed. The
World Bank (2006) identified that in Latin America, a reduction in poverty
rates from 42 percent in 1995 to 31 percent in the year 2004 was attributed
directly to remittances increases in the country. All of us can be part of this
work in our daily lives. While accepting the definition of poverty as the
absence of choice, Sachs (2002) contends that poverty may be more precisely
defined as knowledge deficit, or poverty of knowledge.
Literature Review on Poverty SRAP - Social Research and Society ... The
country should implement methods like preventing land grabbing, producing
less biofuel, blocking speculators, support farmers, reduce poverty, target
infant nutrition, roll out biotech, and educate farmers on agriculture. Somalia
is an interesting case study to determine whether remittances can actually
reduce poverty. This would seem to have significant implications for how
remittances in countries such as Nicaragua might reduce poverty. The rise of
industrialization enabled the production of cheap household items through
the utilization of economies of scale. To browse Academia.edu and the wider
internet faster and more securely, please take a few seconds to upgrade your
browser. Young women are now about half as likely to smoke as young men
and the drop in smoker numbers was greatest among young white women
living in Manhattan.
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By continuing to use this website, you agree to their use. Households that
accept remittance incomes have been shown to have more positive health
outcomes, especially measurable in children (Ratha 2013). The guest lecturer
for this online lecture is Police Staff Sergeant Jasper F. Nicholas Freudenberg
Hunter College, May 5, 2006 Presented at the Prisoner Reentry Institute’s
Occasional Series on Reentry Research. Overview. It is precisely due to this
that the IMF-designed and imposed neoliberal development and poverty
reduction strategy in Mexico proved a resounding failure. The fact that they
failed to function as an engine for development and poverty reduction and,
indeed, had the opposite effect, takes one back to the points outlined at the
outset of the research.
Literature review drug alcohol abuse Hanmer, L. and Naschold, F. (2003)
Attaining the international development targets: Will growth be enough' In
The New Poverty Strategies: What Have They Achieved What Have We
Learned Eds. Flashing Can Fail. Railings also Require Attention. In other
words, human development functions as the measurement for both national
poverty and national development, with the implication being that the
attainment of national development is inherently dependant upon improving
national HDI levels and eradicating poverty. Stahl, C. (1982). Labour
emigration and economic development, International Migration Review, 16,
pp.8688-8699. The aforementioned failure does not detract from the validity
or worth of neoliberalism as a development and poverty eradication strategy
but it highlights the unsuitability of the strategy to the particular context of
application discussed. Having defined poverty, the question hat one need turn
to is the relevance of poverty to the larger issue of underdevelopment.
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Bell Ringer. In 2009, 16 million Americans age 12 and older had taken a
prescription drug at least once in the year. Statistics. O pioids (pain). Somalia,
however, with no evidence that remittances are making a marked
improvement in poverty, points toward certain externalities that must be
considered before remittances become an effective tool for alleviating
poverty problems. For example, an existing Central and commercial banking
infrastructure, community philanthropy, and income inequality within a
society might be prevalent predictors of whether remittances will be, long-
term, effective in poverty reduction. Drugs do not always come from the
Doctor or a drug store Some drugs come from plants Drugs can also be made
in laboratories There are legal and illegal drugs. This section explores the
statistics on remittances, investigates various case studies of remittances on
economic growth or individual lifestyle improvement, and focuses on
whether remittances can, as supported by empirical data, serve as a predictor
for poverty reduction. However, studies show that about 30% of those who
smoke cannabis may have or develop some degree of cannabis dependency.
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Drug abuse among students essay. Drug Addiction Among College Students
... Gundel, J. (2003). The migration-development nexus: Somalia case study,
in N. For instance, more emphasis on community-oriented philanthropy,
improving real infrastructure in education and health rather than consuming
these for a clan-based household, and changing an inferior food infrastructure
might have to be paramount concerns before remittances can have a measured
impact on poverty levels within a region. As I attentively listen to the lecture,
I notice that drug users began when they were young. Whilst Somali
remittances are delivered with the intention of covering day-to-day living
expenses, it is common practice in Somalia for remittance benefactors to send
funds to provide a self-sustaining environment and reduce remittance
dependency from the recipients (Hassan and Chalmers 2008). The study
examined data from 109 different countries with a history of remittance
acceptance between the years 1975 and 2007. As the process of getting a
college diploma gets more and more stressful and competitive.
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Edit them in the Widget section of the Customizer. Adenutsi, D.E. (2011). Do
remittances alleviate poverty and income inequality in poor countries. The
guest lecturer for this online lecture is Police Staff Sergeant Jasper F. In fact,
the minimum wage law is an unproductive and unconstitutional law that
increases unemployment, does not reduce poverty, and should be repealed.
Various character strengths that may provide a sound foundation for
psychosocial intervention programmes to re-launch newly impoverished
people into economic independence are identified. Our experts will write for
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Latin America Poverty, War on Drugs, Migration Reading Activity SSH ...
While the banks were sold at over three times their market value, the sale has
been identified as primary cause of the failure of the selected development
policy. Nearly all development funding has come not from domestic sources,
but from international aid programmes (UNDP 2012). It was, indeed, an eye-
opener for all the youth who are now preparing to enter the “real” world. It
has also been discovered through analysis of quantitative data that remittance-
receiving households tend to produce infants with higher birth weights and
fewer instances of infant mortality rates (Hildebrandt and McKenzie 2005).
Webster also dictates that poverty may cover a range from extreme want to
an absence of material comforts. Somalia, however, with no evidence that
remittances are making a marked improvement in poverty, points toward
certain externalities that must be considered before remittances become an
effective tool for alleviating poverty problems. For example, an existing
Central and commercial banking infrastructure, community philanthropy, and
income inequality within a society might be prevalent predictors of whether
remittances will be, long-term, effective in poverty reduction.
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On the other hand, over the years, the awareness of global migration and its
impact on expansion has evolved, because of the growing recognition of the
importance of remittance. Accordingly, and as Sen (2000) asserts, the
articulation of effective development policies can only proceed following an
accurate measurement of human development levels within a society,
concomitant with an identification of the extent, type and causes of poverty.
One cannot simply define a word such as poverty by putting together the
words related or associated to it. Such development such developing
healthcare facilities, educational facilities or even infrastructural development
is often aimed at reducing poverty levels experienced by these countries as it
increases the capacity of the countries to earn a decent living and to live in
healthy states. The study examined data from 109 different countries with a
history of remittance acceptance between the years 1975 and 2007. Types of
poverty. 1. Poverty is having less than an objectively defined, absolute
minimum. 2. Poverty is having less than the others in society, in relative terms.
Drug Education Narrative Report - Docsity Introduction 2 Defining Poverty
3 Interrelationship between Poverty and Development 6 The Neoliberal
Development and Poverty Alleviation Policy 7 Analysis of the Mexican
Financial Crisis 9. Thus, making cannabis easily accessible on a college
community. In the 1990s the average THC concentrate was about 3.8%
whereas, in 2014 the average THC contrition was 12.2%. Researchers still
don’t fully understand the effects of high potency THC on the developing
brain. While the correlation between poverty and development is implicitly
stated in the above two definitions, the mentioned relationship is explicitly
affirmed in other definitions. A quality financial system provides the tangible
mechanisms by which to make financial payments and obtain them, which in
turn reduce transaction costs to a country and its people utilising these
systems (Zhuang et al. 2009). Technological innovation is recognised as being
enhanced by a competent financial system, creating a market that promotes
economic exchanges that enhance industrial sector productivity (Levine).
Ideally, these strategies are specifically designed to address the root causes
and alleviate the effects of poverty in certain communities, nations or both.
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