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Poverty is the state for the majority of the world's people and nations. Such causes of poverty and inequality are no doubt real. But deeper and more global causes of poverty are often less discussed. Behind the increasing inter connectedness promised by globalization are global decisions, policies, and practices.

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The International Monetary Fund (IMF) is an organization of 189 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.

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Companies working in global context for overcoming this cause

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Companies working in global context for overcoming this cause

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IMF- International monetary fund- Working for developing strategies and policies for eradicating social, economical causes.

WTO- World trade organisation- Working for build strong trade policies

WORLD BANK- Providing financial support

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The world economy is not based on equitable distribution of wealth. Some countries are economically poor whereas others such as the USA are very rich and prosperous. There are some nations which are in the developing process, but have a long way to reach the level of development that developed economies enjoy.
The world is now going through a major recession crisis. Even the developed countries have received a jolt. Their economies have been affected very badly and many of their citizens are finding it difficult to meet both ends. This is a lesson to be learnt by the developed nations- that how difficult it is to struggle economically, which the poorer nations are always battling against.

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More than 30 per cent of children in developing countries – about 600 million – live on less than US $1 a day.

Every 3.6 seconds one person dies of starvation. Usually it is a child under the age of 5.

Link attached: - https://www.unicef.org/mdg/poverty.html

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1: - Supporting small farmers
2: -  Target infant nutrition
3: - Blocking speculators
4: - Disaster risk management.

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https://oneacrefund.org/
One Acre Fund is a non-profit social enterprise that supplies financing and training to help smallholders grow their way out of hunger and build lasting pathways to prosperity.

Their believes: When farmers improve their harvests, they pull themselves out of poverty.

They are serving around 6 Countries across Eastern and South Africa that are Burundi, Malawi, Kenya, Rwanda, Tanzania, Uganda.

Till 2016, they served over 400,000 clients in six countries, and the future target for them is to reach 1 million farming families by 2020.

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How to narrow the gap between rich and poor countries

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How to narrow the gap between rich and poor countries

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As per my best knowledge

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-Central African Republic: $652.
-Congo: $773.
-Burundi: $814.
-Liberia: $855.
-Niger: $1107.
-Malawi: $1134.
-Guinea: 1265.
-Eritrea: 1410.

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Causes of economic backwardness of countries and low GDP

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Causes of economic backwardness of countries and low GDP

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-Capital deficiency.
-Lack of Entrepreneurial and managerial talent.
-Limited size of market.
-Lack of skilled personnel.
-Week infrastructure.

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Team work presented in video presentation

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Team work presented in video presentation

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https://www.youtube.com/watch?v=QRp4XKCqfxI&t=