AN ECONOMIC PERSPECTIVE OF THE SOURCES, CAUSES AND
EFFECTS OF POVERTY IN TODAY'S MUSLIM COUNTRIES
Volume - 2 Issue - 4, Pages - 2893-2906
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.]
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