Rough Draft Review Process Evaluation

Rough Draft Review Process Evaluation
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Rough Draft Review Process Evaluation
Introduction
Poverty and income inequality constitute one of the biggest challenges facing the global community. This challenge affects hundreds of millions of people on the planet, and as a result, a lasting solution is necessary. According to Peer (2020), 689 million people globally live in extreme poverty. That is, they survive on $1.90 or less in a day. Numerous not-for-profit organizations have invested resources in tackling poverty over the years, which has resulted in a significant reduction in the number of people facing the challenge. However, given the high number of people still in poverty, and children, particularly being disproportionally affected, it is clear that there is a long way to go before the problem is finally solved.
Moreover, income inequality goes hand-in-hand with poverty as the wealth of the richest people on the planet keeps increasing, further widening the income gap. A surprising fact about income inequality is that the top 1% richest people on the planet own a staggering 43.4 % of the world’s wealth (Inequality.org, n.d.). This paper argues that global governments' investment in education and tax reform policies will eradicate poverty and income inequality.
Background
Remarkable progress has been made in the world towards advancing economic development and consequently reducing poverty, but there is still a long way to go. With 689 million people still living under extreme poverty, efforts are needed to lift this significant portion of the world population out of the menace. From another perspective, more than 1.3 million people on the planet still live in multidimensional poverty (Washington Post, 2019). This means that they do not have access to housing, health, sanitation, nutrition, education, or water.
A specific population that is disproportionately affected by poverty is children. According to UNICEF (n.d.), about 356 million children on the planet live in extreme poverty. These poor children are twice as likely to die during their childhood compared to wealthier kids (UNICEF, n.d.). In the U.S., 1 in 5 children lives below the federal poverty level (FPL) [Wimer et al., 2016). Furthermore, child poverty means poor health, weak academic performance, and a greater likelihood of becoming poor in adulthood (Smeeding & Thévenot, 2016). Therefore, the issue of poverty, and in particular, child poverty, needs to be addressed for good.
Poverty reduction is a key focus of the global community as the goal is even included in the Sustainable Development Goals that seek to end extreme poverty by 2030 (Page & Pande, 2018).
Solutions
Two key solutions to address global poverty and inequality are an investment in education and tax reform policies. Briscoe (2016) informed ...