Elton Dharry Ending hunger, poverty sustainably is viable
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Caribbean Life, Nov. 29-Dec. 5, 2019 11
Continued from Page 11
said, of Elton: “He’s a tough, tough
man. World titles don’t come easy, and
I was expecting a tough fight, and that’s
what he gave me. Thank you, Elton.”
(SB Nation).
Guyana’s Head of State, President
Granger, must call his counterpart, the
Australian Prime Minister Scott Morrison,
and demand that a rematch for this
interim World Boxing Title be given to
Guyanese hero Elton Dharry against
Andrew Maloney. There is precedent for
this type of international diplomacy.
Cricket legend, Clive Lloyd would have
been lost to West Indies cricket had it
not been for the spirited request by the
then Guyanese Head of State, Prime
Minister Burnham, to his Australian
counterpart Gough Whitlam, that Lloyd
be excused from his prior, supervening
Australian club contract and be allowed
to play for the West Indies. The government
also promptly paid Clive’s airfare
back to Guyana when he was released
from the contract. The rest is history!
Guyanese Elton Dharry, now 33,
deserves similar help from Guyana, as
he nears the end of his brilliant boxing
career. That is the least the government
can do for a worthy Guyanese who
flew the Golden Arrowhead so proudly
on overseas soil, and showed the world
what great and gritty people come from
Guyana! Dharry stood up for Guyana.
Guyana must stand up for him now!
Limited social protection
Social protection is a universal
human right. But the International
Labour Office’s (ILO) World Social
Protection Report 2017-19 found only
45 per cent of the global population
had at least one social benefit, while
the remaining four billion people are
totally unprotected.
Coverage gaps reflect underinvestment
in social protection, particularly
in African, Asian and Arab countries.
The World Bank’s The State of Social
Safety Nets 2014 reported that 345
million are covered, while 870 million
of the extreme poor in the world are
not covered at all.
Unsurprisingly, the biggest shortfalls
are in low income countries,
where 47 per cent of the population
is extremely poor, less than a tenth
of the population, or about one in
five of the extremely poor, has some
support.
In lower middle-income countries,
173 million (28 per cent) extreme
poor are covered, but 479 million are
not. In upper middle-income countries,
74 million (45 per cent) of the
extreme poor get some support, while
93 million do not.
According to the World Bank’s
World Development Report 2019, only
18 per cent of the poorest quintile
in low-income countries gets social
assistance, while two per cent have
social insurance, with these rates rising
to 77 and 28 per cent respectively
in upper-middle-income countries.
Affordable?
Fiscal austerity has undermined
social protection in recent times.
Together with persistent unemployment,
lower wages and fiscal austerity
measures have contributed to
increasing poverty, now affecting 86
million people in the European Union
alone.
Efforts to induce private investments
in recent decades have seen
sharp declines in marginal tax rates
as countries engage in harmful tax
competition. This has also adversely
affected governments’ abilities to
maintain and extend social protection.
The Rome-based UN food agencies
estimated how much it would cost to
sustainably end hunger and poverty
by 2030. The ILO’s costing estimates
for 57 lower income countries imply
that even the poorest countries can
afford to extend some social protection
to all their citizens.
While some countries have the
fiscal space to quickly develop and
extend social protection floors, others
will have to gradually extend coverage
and benefits. Most low income countries
will need external budgetary
support, at least initially.
Countries normally achieve universal
coverage through a combination
of contributory social insurance
and tax-based social assistance.
Countries can use the ILO Social
Protection Floors Calculator to estimate
the costs of child and orphan
allowances, maternity benefits, disability
and old-age pensions as well as
public works programmes for those
without jobs.
Sustainable?
Enough social protection can
quickly end hunger and poverty, but
is not sustainable without higher
earnings for the poor able to work.
An early big push for pro-poor investments
will generate such additional
incomes earlier, reducing longer term
financing costs.
Over three quarters of the world’s
poor live in rural areas, where almost
half the world’s population resides.
Raising rural incomes sustainably is
necessary to eliminate poverty and
hunger.
Rising incomes should, in turn,
increase investments, expediting exit
from the vicious cycle of poverty,
and eventually reducing the need for
social protection.
Clearly, ending hunger and poverty
sustainably is eminently viable, feasible
and affordable. With sufficient
political will and solidarity, we can
end hunger and poverty quickly and
permanently.
Continued from Page 10
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