Report on Poverty and Unproductive Human Resources in Economics

This report explores the correlation between poverty and unproductive human resources within the context of economic development. It examines how factors like lack of education, infrastructure, and governmental policies contribute to this issue. The report highlights the impact of natural resource wealth and its potential to hinder productivity, leading to lower living standards and economic stagnation. It emphasizes the importance of government initiatives in enhancing human resource productivity to boost GDP and combat poverty. The analysis includes references to relevant literature and research, providing a comprehensive understanding of the challenges and potential solutions in addressing poverty through improved human capital development.

Poverty in a country is occurring due to their unproductive human resources. They are
unproductive because they don't get a good education, leadership, training, infrastructure or
many other things (Satterthwaite, 2013). The absence of all these things influences their skills in
a deep manner. What comes as a startling fact after a series of various economic researchers is
that sometimes the reason for these is the endowment and richness of the nation such as fertile
land mass, and mineral wealth.
All these natural endowments made the local citizens very unproductive and lazy. Furthermore,
the successful countries simply extracted the required commodities from these countries without
making any adjustment in the value of the commodities (Lloyd-Jones, 2014). As a country left
itself on the level of lower productivity, the government of the country develop lower living
standards, low-income distribution, and no any incentive to improve the productivity level.
Thus, all this become a serious problem, and poverty spreads every part of the country. The
productivity of the nation is considered the important aspect for the success of every country. It
is the responsibility of the government of the country to perform some necessary efforts to
enhance the productivity of the human resources. This will ultimately enhance the GDP of the
country, and they become rich (Christiaensen, 2014).

References
Satterthwaite, D., & Mitlin, D. (2013). Empowering Squatter Citizen:" Local Government, Civil
Society and Urban Poverty Reduction". Routledge.
Lloyd-Jones, T., & Rakodi, C. (2014). Urban livelihoods: A people-centred approach to
reducing poverty. Routledge.
Christiaensen, L., & Todo, Y. (2014). Poverty reduction during the rural–urban transformation–
the role of the missing middle. World Development, 63, 43-58.