Unproductivity economic levels of poverty
Unproductivity economic levels of poverty go in hand with the economy of a country. Though El Salvador’s economy has been positively progressing, it is still suffering from sluggishness. The agricultural sector has proven that effect. Coffee rust and fungus that kills coffee beans have damaged coffee crops in El Salvador. Deterioration of El Salvador’s economy has been attributed continuously by the decrease in coffee export; thus, poverty was more in a rural area.
Youths who are struggling to find employment are affected by the sluggish economy. Organizations like the International Fund for Agricultural Development (IFAD) have come to their rescue and are offering aid to them. IFAD has strategies for improving the agricultural community by investing 41Million US dollars between 2015 to 2021. Another sign of commitment to Salvadorians by IFAD is its strategy being a community-based approach. In other words, the causes of poverty that plague El Salvador are being wiped out by the help of IFAD’s international aid.
2.Crime
The world’s most violent country in El Salvador. Drug trafficking and rampant gang violence are always as a result of the many evils in El Salvador. About 70percent of businesses in El Salvador are subject to gang-related misconduct, as quoted by World Finance. This extortion slows El Salvador’s economy leading to extensive poverty. Misconduct cost El Salvadors regime government over two billion US Dollars,10.8 percent of the country’s GDP, as stated by the World Bank estimates in 2011 alone. These levels of misconduct cripple the economy and also leads to the vast instability of the economy, thus increasing poverty.
3.Climate change.
It is a dangerous cause of poverty, but, on the contrary, the most silent one. Due to the position of El Salvador, it is profoundly affected by the changes in weather. The crop yield of El Salvador drops by 30 percent in 2050, as the temperature of the earth increases. The effects of climate change are already affecting the Salvadorians. Eighty thousand people are already affected by drought. Farming will become more difficult as climate changes continue. Since agriculture attributes for 17.3 percent of employment, more rural Salvadorians will find themselves in poverty as agriculture becomes less.
Causes of poverty must be understood since it has a significant effect on discovering routes towards change. Salvadorians, with the help of organizations such as IFAD, has already begun working on the development. Nonetheless, there a lot to be done, and you can be of assistance. A phone call or email to the representatives is all that is necessary. Tell them the importance of supporting aid and investing in developing countries, including El Salvador.