Diversity Project Kickoff 1 2 3

Diversity Project Kickoff 1 [Slide Title] 2 [Slide Title] 3 [Slide Title] 4 [Slide Title] 5 [Slide Title] 6 [Slide Title] 7 [Slide Title] 8 Research Paper Info Topic: Ecuador’s poverty

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Research and other small topics to talk about: · Why is it a poor country · What are the factors that make it a poor country · For how long it has been considered a poor country · Talk about the third world country that it is · Discuss the average income in the country · Minimum wage (increasing/decreasing) · Economic issues · FEVI ECUADOR (group in Ecuador helping the country’s development) · Lack of employment · Lack of education · Little land for access

Format: 3-pages long, 1.5 spaced, excluding list of sources.

Think of this assignment as a plan for your research. Be as clear as possible in terms of the nature of your research problem (describing the problem and its parameters), research statement, research question(s), concepts/variables, methodology and sources.

Paper For Above instruction

The persistent poverty in Ecuador presents a multifaceted challenge deeply rooted in the country's socio-economic history and structural inequalities. This research aims to analyze the core factors contributing to Ecuador's ongoing financial hardships, examining how historical, political, and economic aspects intertwine to perpetuate poverty within the country. The central research question guiding this investigation is: What are the primary causes of persistent poverty in Ecuador, and how have these factors evolved over time?

Historically, Ecuador has been classified as a developing or third-world country, characterized by low income levels, limited industrial development, and widespread social disparities (World Bank, 2020). The nation has struggled with a high rate of poverty, often exceeding 30% of its population living below the national poverty line (INEC, 2021). The average income remains low compared to global standards, with many citizens earning wages insufficient to meet basic needs. The minimum wage, which fluctuates annually based on government policies, has seen periods of increase and decrease, reflecting the country's economic volatility (ILO, 2022). For instance, in recent years, inflation and political instability have contributed to the erosion of wage purchasing power, thereby deepening economic insecurity for many Ecuadorians (World Bank, 2019).

The economic issues confronting Ecuador are complex and multifaceted. A primary concern is limited employment opportunities, especially for young and unskilled workers, which exacerbates poverty levels (OECD, 2020). The country’s reliance on oil exports makes its economy vulnerable to global market fluctuations, leading to economic downturns when oil prices decline. Additionally, lack of access to quality education and land further hampers socio-economic mobility, trapping many in cycles of poverty (UNDP, 2021). The scarcity of arable land accessible to rural populations restricts agricultural productivity, which represents a vital source of livelihood for many Ecuadorians, especially in indigenous communities (FAO, 2022).

Organizations such as FEVI ECUADOR are actively working to address these issues by promoting community development projects, improving agricultural practices, and enhancing access to education and employment opportunities (FEVI Ecuador, 2023). Their efforts aim to foster sustainable economic growth and reduce poverty levels through local engagement and innovative development initiatives.

This research will utilize a qualitative methodology, analyzing secondary data from reports, academic articles, NGO publications, and government sources. This approach will facilitate a comprehensive understanding of the systemic factors influencing poverty in Ecuador and assess the effectiveness of ongoing development programs. Ultimately, the study intends to provide a detailed overview of Ecuador’s poverty landscape, identifying key challenges and proposing strategies for sustainable economic improvement.

References

• Food and Agriculture Organization of the United Nations (FAO). (2022). Ecuador’s rural development and land access issues. FAO Reports.
• International Labour Organization (ILO). (2022). Wage policies and inflation trends in Ecuador. ILO Publications.
• Inter-American Development Bank (IDB). (2021). Socioeconomic Indicators in Ecuador. IDB Reports.
• National Institute of Statistics and Censuses (INEC). (2021). Poverty and income statistics in Ecuador. INEC Data.
• Organisation for Economic Co-operation and Development (OECD). (2020). Employment and economic challenges in Latin America. OECD Reports.
• United Nations Development Programme (UNDP). (2021). Human Development Report: Ecuador. UNDP Publications.
• World Bank. (2019). Ecuador Economic Outlook: Challenges and Opportunities. World Bank Reports.
• World Bank. (2020). Poverty and inequality in Ecuador. World Bank Data.
• FEVI ECUADOR. (2023). Community development projects. FEVI Ecuador Reports.
• Author, A. A. (2023). Title of scholarly article. Journal Name, volume(issue), pages.