The World Bank - Working for a world free of poverty

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Promoting dialogue on development in South Asia

 

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Poverty is one of the major

Poverty is one of the major problems of every country that is still unsolved and seems like it is getting worse. Nowadays the world is in the midst of global financial crisis and it has already resulted loss of jobs to millions of people in United States. The stock market has been in a tailspin for months. Every stock market or stock exchange in the world has seen massive stock loss over the last few months. Many people are on the verge of panic. Since the stock losses have been so heavy, many people are fearful that any investment in the current climate would an exercise in futility, despite convention wisdom that any investment now would pay off once the economy recovers. Still, it begs the question of just where all the money went when the stock market tumbled.

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