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Children/Youth, Economy, Clean Water, Education, Family, Health, Poverty
World Vision is a Christian humanitarian organization dedicated to working with children, families, and their communities worldwide to reach their full potential by tackling the root causes of poverty and injustice. Working in nearly 100 countries around the world, we serve all people, regardless of religion, race, ethnicity, ...See More or gender. Show Less

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India
Causes
Economy, Poverty
CAUSEGEAR is the Human Justice Brand designed in Chicago and made in India. Every purchase supports a job, paying 5X the norm.

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United States of America
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Economy
The Foundation of Hope promotes scientific research aimed at discovering the causes and potential cures for mental illness in order to develop a more effective means of treatment. We are committed to raising community awareness and supporting effective treatment programs.
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Crowdfund Projects View All
SELF HELP INTERNATIONAL
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Nicaragua
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Education, Economy, Health, Children/Youth, Clean Water, Poverty
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SPCA of Franklin County
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United States of America
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Economy, Government, Human Rights, Poverty, Environment
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out of $ 20.00
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17344 days left
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$ 10.00Justees-Shirts for Justice
Fair Trade: Justees brand, the logo on the front and in small in Khmer is written "shirts for justice"
$ 10.00Justees-Shirts for Justice
Fair Trade: Speak out against things that matter

Economy News

MarketWatch 
Low productivity is a disease for any economy. Ill effects include lower profits for business, smaller pay raises for workers and less innovation — a vicious cycle that can further depress gains in productivity and keep an economy from reaching its ... See more..
Fortune 
The June 16 announcement that Amazon was buying Whole Foods was the e-commerce shot across the bow that everyone has anticipated for years. Still, the $13.7 billion deal came as a huge shock in the United States; it represented the next stage of the ... See more..
Bloomberg 
There's a divergence between "soft" measures of sentiment and "hard" data. Partisan leanings offer an explanation. See more..
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Forbes 
There's a popular concept called the Attention Economy. Everyone knows there's been an uptick in the amount of information there is to consume. Due to this increase, attention is in high demand. Every app on every device is after your eyeballs and the ... See more..
Business Insider 
A report by the National Association of Manufacturers concluded that regulations cost the economy over $2 trillion per year. Back in May, the Competitive Enterprise Institute came to a similar determination, pegging the annual cost of regulations at $1 ... See more..
Xinhua 
FRANKFURT,June 26 (Xinhua) -- The European Union (EU) enjoyed a positive momentum of economic recovery in the first half of this year amid headwinds stemming from both inside and outside the bloc, including Brexit, terrorist threats, the refugee crisis ... See more..
New York Post 
The US economy is teetering, despite what the job and stock markets are telling you. The scariest set of economic indicators to emerge in decades shows what's crushing the dreams of record numbers of young, middle-class and older Americans. “There are ... See more..
Bangor Daily News 
BANGOR, Maine — An improving economy and continuing southern expansion helped Bangor Savings Bank rack up record profits for the fiscal year it ended in March. The bank took in about $25 million in net income for the year, an 8.4 increase over the ... See more..
Fortune 
The American electorate split by gender in the last presidential election, with the majority of men voting for Donald Trump, and the majority of women casting their ballot for Hillary Clinton (52% vs 54%, according to exit polls). Now, a new survey ... See more..
Seeking Alpha 
Wall Street is betting that U.S. economic growth will slow in 2017. We think these trades are extremely misguided. Big banks and hedge funds are building short positions in the Russell 2000 while getting long U.S. 10-year Treasuries. Our call is the ... See more..
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Overview

Income inequality is very high across the world—20% of the world’s population control nearly 70% of the world’s wealth.1 The Gini coefficient refers to income distribution across a country; the higher the Gini coefficient for a country the higher the income inequality, and the lower a country’s Gini score the more equitably wealth is distributed in the country.2  Latin America is the region with the highest Gini score, indicating high levels of inequality.3 While sub-Saharan Africa is also highly unequal, the region has reduced its Gini score by several points since the 1990s.4

The International Labor Organization estimates that nearly 202 million people are currently unemployed worldwide.5 In 2012 6% of the world’s total workforce was without a job.6 About 35% of the world’s unemployed have been out of work for six months or longer, and 13% of the world’s population under the age of 24 is currently without work.7 The 2008 economic recession significantly increased the global unemployment rate, and in 2007 around 178 million people were unemployed, as opposed to over 200 million in 2014.8

Only 10% of the global population has access to traditional banking or means of attaining loans, savings accounts, credit, or other financial services.9 Poverty, service fees, and travel distance all inhibit over 2.5 million adults around the world from accessing banks or financial institutions.10  Microfinance is becoming an increasingly popular model in developing countries as a means of boosting local economies and the global market. Microfinance institutions enable low-income individuals, who would otherwise be unable to utilize a traditional bank loan, to attain loans for their businesses. The loans are then repaid to the individual lenders, rather than a bank.11 These financial services can lead to increased income, improved health, and improved education for many families.12 An estimated 500 million individuals have benefited from microfinance worldwide.13 However, the success of microfinance initiatives rests heavily on regulatory policies including interest-rate caps and pricing transparency to protect borrowers from exploitation and exorbitantly high interest rates.14

 
Show References
1 http://www.unicef.org/socialpolicy/files/Global_Inequality.pdf
2 Ibid
3 Ibid
4 Ibid
5 http://www.theguardian.com/business/2013/jan/22/ilo-unemployment-numbers-rise-2013
6 Ibid
7 Ibid
8 https://www.gfmag.com/global-data/economic-data/worlds-unemployment-ratescom
9 http://www.forbes.com/sites/dell/2012/07/24/microfinance-as-a-tool-to-alleviate-poverty/
10 http://web.worldbank.org/WBSITE/EXTERNAL/NEWS/0,,contentMDK:20433592~menuPK:34480~pagePK:64257043~piPK:437376~theSitePK:4607,00.html
11 http://www.forbes.com/sites/dell/2012/07/24/microfinance-as-a-tool-to-alleviate-poverty/
12 http://web.worldbank.org/WBSITE/EXTERNAL/NEWS/0,,contentMDK:20433592~menuPK:34480~pagePK:64257043~piPK:437376~theSitePK:4607,00.html
13 http://www.forbes.com/sites/dell/2012/07/24/microfinance-as-a-tool-to-alleviate-poverty/
14 http://www.theguardian.com/global-development-professionals-network/2014/oct/08/developing-countries-informal-economies-microfinance-financial-inclusion
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Economy Subcauses

Microfinance
Globalization
Economy Other
Microfinance
Microfinance is becoming an increasingly popular model in developing countries as a means of boosting local economies and the global market. Only 10% of the global population has access to traditional banking or means of attaining loans, savings accounts, credit, or other financial services.1 Poverty, service fees, and travel distance inhibit over 2.5 million adults around the world from accessing banks or financial institutions.2 Microfinance institutions enable low-income individuals, who would otherwise be unable to utilize a traditional bank, to attain loans for their businesses. The loans are then repaid to the individual lenders, rather than a bank.3 These financial services can lead to increased income, improved health, and improved education for many families.4 An estimated 500 million individuals have benefited from microfinance worldwide.5 However, the success ...See More of microfinance initiatives rests heavily on regulatory policies including interest-rate caps and pricing transparency to protect borrows from exploitation and exorbitantly high interest rates.6 Microfinance consists largely of offering small business loans to individuals who cannot afford or do not have physical access to a traditional bank. However, interest rates on these loans are often prohibitive—sometimes as high as 100% or more—raising questions of how ethical or beneficial microfinance and other practices of financial inclusion actually are.7 Additionally, particularly in countries such as Mexico, some applicants for microfinance loans already hold loans from other institutions. In Mexico, nearly a third of all microfinance loan applicants already hold at least three other loans.8 In order for microfinance and other financial inclusion initiations to be effective, government regulation, such as interest caps, must be implemented to avoid over indebtedness and financial burdens that outweigh the benefits of microfinance loans. Show Less