DETERMINANTS OF POVERTY IN DIFFERENT COUNTRIES

Abstract

Poverty is a multifaceted phenomenon that not only has a major impact on the ability to buy goods, but also on the various pressures that may prohibit individuals from enjoying their lives. Poverty is one of the important topics that always discussed by central and local governments in various regions. Poverty is a major problem for the entire world. This study identifies the determinants of poverty in different countries. The chosen countries for this study are Pakistan, Brazil, India, Morocco and Indonesia. The considered variables of the poverty are GDP growth, board money, domestic, education, manufacture, tax, unemployment and population. The data are collected from the secondary resources and the data exploring period is from 1958-2015. The ordinary least square method is used to explore the determinants of poverty. The obtained result shows that poverty has a negative impact on GDP and this factor should be considered if the country decides to change its GDP.