Question

There's a widening gap between rich and poor countries. What could an international organization such as the IMF, World Bank, or WTO do to address this problem?

Answer 1

Since there is an increasing gap between rich and poor countries, the International Monetary Fund, World Bank, and World Trade Organization may launch programs that focus on giving people with little to no resources access to excellent and sustainable sources of income in addition to housing, food, and clothes because they are global institutions. These groups would be able to support themselves by giving the impoverished communities a sustainable way of life, enabling them to stop depending on contributions and charitable giving to get by each day. The underprivileged people can acquire money to pay for their own food, clothing, shelter, and education if they have a stable source of income.

Hope this helps :)

Answer 2

Being multinational organisations the IMF, World Bank and WTO can start programs that not only would focus on providing shelter, food and clothing to the poor but also a good and sustainable source on income. By providing a sustainable livelihood to these poor people these organisations would them be able to provide themselves making them able to no longer rely on charity and donations in order to survive their daily lives. By having a sustainable source of income these poor people can have the ability to gain money which then can be used to buy their own food, clothing, shelter and education. The most important thing that money would give to these poor people is education. Through proper education these poor people would increase their knowledge enabling them to be qualified for higher paying jobs.