Title:
AN ECONOMIC PERSPECTIVE OF THE SOURCES, CAUSES AND EFFECTS OF POVERTY IN TODAY'S MUSLIM COUNTRIES

Authors:
Kweyu Suleiman

Volume - 2 Issue - 4, Pages - 2893-2906

Abstract:
Poverty means scarcity or insufficiency basic necessities for survival. Fighting poverty is a social responsibility for all Muslims. But, majority of Muslim countries, many people continue to live under abject poverty finding it hard to access proper housing, food and clothes. Muslim countries despite being endowed with natural resources including oil, most of them are facing poverty challenges and high disparities in income distributions. The Organization of Islamic Cooperation member states despite possessing 70 per cent of the world energy resources and 40 per cent of natural resources, the GDP of all member states is less than that of Japan. These countries therefore contribute only eight percent to world GDP while 40 per cent of the population continues to live below poverty level. The objective of the study was to examine the nature and causes of poverty in selected Muslim countries. The study analyzed the effects of poverty on the society and the general economic growth. Specific focus was given to the role of Muslim women towards poverty reduction. The methodology involved analysis of secondary data to analyze poverty trends. Study recommended inclusion of women in financial, agricultural and decision making positions to tap their potential in fighting poverty

Cite this Article:

[Suleiman, Kweyu. "AN ECONOMIC PERSPECTIVE OF THE SOURCES, CAUSES AND EFFECTS OF POVERTY IN TODAY'S MUSLIM COUNTRIES." International Journal of Social Science & Economic Research 2.4 (2017): 2893-906.]