Where Do We Go from Here: Chaos or Community? (King Legacy) by Martin Luther King Jr. PDF

By Martin Luther King Jr.

ISBN-10: 0807000671

ISBN-13: 9780807000670

In 1967, Dr. Martin Luther King, Jr., remoted himself from the calls for of the civil rights stream, rented a home in Jamaica with out cell, and worked over his ultimate manuscript. during this prophetic paintings, which has been unavailable for greater than ten years, he lays out his options, plans, and goals for America's destiny, together with the necessity for larger jobs, larger wages, first rate housing, and caliber schooling. With a common message of wish that keeps to resonate, King demanded an finish to international pain, announcing that humankind--for the 1st time--has the assets and expertise to get rid of poverty.

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Two main factors are driving this. First, because the social assistance programs—Jefes, Seguro, and Familias—are all closed to new entrants, the share of the poor left out of the programs is growing relative to the share receiving the benefits. Second, the radical scaling up of pension provided large transfers to parts of the population not at the bottom of the income distribution. 14. Number of Income Transfers Received by Households—Total and First Quintile, 1997–2007 1st quintile All households 100 75 50 25 0 1997 2001 Gap 2003 2005 2007 Coverage 1997 2001 2003 2005 Overlap Source: World Bank staff calculations, based on EPH-INDEC.

When the economy faced a downturn at the end of the 1990s, poverty rates began to rise again. The sustained decline in GDP accelerated the fall of large parts of the population into poverty. The economic recovery brought back the poverty rate to mid-1990s levels. Extreme poverty followed a similar path, although at a lower level. 7. GDP, Poverty, and Inequality, 1980–2007 Sources: Ministry of Economy; INDEC Permanent Household Survey. Income inequality has worsened since the beginning of the 1990s.

The absence of a pre-established indexation rule for the pension benefits resulted in some changes in the structure of benefits. First, the gap between the average and the minimum benefit has narrowed since 2003 because of discretionary increases to the minimum benefit applied since then. Within a relatively short period, pensioners received flat increases, proportional increases, proportional increases with caps, and increases of the minimum benefit. As a result, the benefit pyramid became flatter, with more beneficiaries at the lower benefit levels.

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Where Do We Go from Here: Chaos or Community? (King Legacy) by Martin Luther King Jr.


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