POWER OFMICROCREDIT TO REMOVE THE GLOBAL POVERTY

  • Nazmul Hossain PhD study on Development of Small Business & Enterprise in Bangladesh Engineering Business & Enterprise Management Department Peoples' Friendship University of Russia, Moscow, Russia

Abstract

The total world population is 7.093 billion of them 1.29 billion do live with absolute poverty [PPP below $1.25]. Around 4 million of people die cause of starving and malnutrition and 25 million without treatment/year. 100 million is homeless and further 100 million is hidden homeless. Around 200 million is unemployed, of them 75 million that is 13% of the total figure is between the ages of 15 & 24 [IMF-2012]. If dramatic changes are not happened in the world job markets and young jobless is remain stable, its impact would be very devastative for the forthcoming world.

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Published
2014-07-05
How to Cite
Hossain, N. (2014). POWER OFMICROCREDIT TO REMOVE THE GLOBAL POVERTY. European Scientific Journal, ESJ, 10(10). https://doi.org/10.19044/esj.2014.v10n10p%p