Topic: poverty in the U.S. and the worldOrder DescriptionIn this discussion, we will take a social scientist?s lens to look at poverty in the U.S. and the world. You will conduct research into poverty statistics in the U.S. and other countries.First, research the latest data on poverty by searching the US Census website.Next, drawing from this information as well as two additional academic resources (See the attached for two additional references), and answer the following questions. Be sure to indicate the dates of the information you are discussing. Try to locate the most up-to-date statistics.What disparities did you note when first looking at the charts?What fact did you find that was most disturbing to you and why?What information is lacking when you review the statistics? Why might it be important in gaining a fuller picture of poverty?Locate the poverty statistics on one of the following countries from the World Bank website: (Afghanistan. See the attached)In your initial post, you are to include at least two references from academic sources that you have researched on this topic in the Excelsior Library and use appropriate citations in APA style.Afghanistan at a glance 3/15/14POVERTY and SOCIAL South Low-Afghanistan Asia income2012Population, mid-year(millions) 29.8 1,649 846GNI per capita(Atlas method, US$) 680 1,437 590GNI(Atlas method, US$ billions) 20.4 2,370 499Average annual growth, 2006-12Population(%) 2.5 1.4 2.2Labor force(%) 3.1 1.0 2.6Most recent estimate (latest year available, 2006-12)Poverty(% of population below national poverty line) 36 .. ..Urban population(% of total population) 24 31 28Life expectancy at birth(years) 61 67 62Infant mortality (per 1,000 live births) 71 47 56Child malnutrition(% of children under 5) .. 32 22Access to an improved water source(% of population) 64 91 69Literacy(% of population age 15+) .. 62 61Gross primary enrollment(% of school-age population) 104 110 108Male 121 111 111Female 87 109 106KEY ECONOMIC RATIOS and LONG-TERM TRENDS1992 2002 2011 2012GDP(US$ billions) .. 4.1 17.9 20.5Gross capital formation/GDP .. 12.3 16.6 16.8Exports of goods and services/GDP .. 32.4 6.1 5.5Gross domestic savings/GDP .. -20.6 -21.5 -16.8Gross national savings/GDP .. 8.8 26.1 31.1Current account balance/GDP .. -3.6 3.1 3.9Interest payments/GDP .. .. 0.1 0.0Total debt/GDP .. .. 14.7 13.2Total debt service/exports .. .. 0.3 0.4Present value of debt/GDP .. .. .. 3.3Present value of debt/exports .. .. .. 20.61992-02 2002-12 2011 2012 2012-16(average annual growth)GDP .. 9.4 6.1 14.4 ..GDP per capita .. 6.3 3.5 11.6 ..Exports of goods and services .. .. .. .. ..STRUCTURE of the ECONOMY1992 2002 2011 2012(% of GDP)Agriculture .. 38.5 24.5 24.6Industry .. 23.7 23.5 21.8Manufacturing .. 18.7 14.2 12.8Services .. 37.8 52.0 53.5Household final consumption expenditure .. 112.2 108.7 104.5General gov?t final consumption expenditure .. 8.4 12.8 12.4Imports of goods and services .. 65.3 44.2 39.21992-02 2002-12 2011 2012(average annual growth)Agriculture .. 3.0 -7.6 18.2Industry .. 9.4 9.8 7.7Manufacturing .. 3.9 3.1 7.3Services .. 13.1 10.3 16.0Household final consumption expenditure .. .. .. ..General gov?t final consumption expenditure .. .. .. ..Gross capital formation .. .. .. ..Imports of goods and services .. .. .. ..Note: This table was produced from the Development Economics LDB database.* The diamonds show four key indicators in the country (in bold) compared with its income-group average. If data are missing, the diamond willbe incomplete.010203007 08 09 10 11 12GCF GDPGrowth of capital and GDP (%)AfghanistanLow-income groupDevelopment diamond*Life expectancyAccess to improved water sourceGNIpercapitaGrossprimaryenrollmentAfghanistanLow-income groupEconomic ratios*TradeIndebtednessDomesticsavingsCapitalAfghanistanPRICES and GOVERNMENT FINANCE1992 2002 2011 2012Domestic prices(% change)Consumer prices .. .. 10.2 7.2Implicit GDP deflator .. .. 10.6 8.3Government finance(% of GDP, includes current grants)Current revenue .. 8.2 22.3 23.0Current budget balance .. -0.1 4.9 6.0Overall surplus/deficit .. -0.1 -1.2 -0.8TRADE1992 2002 2011 2012(US$ millions)Total exports (fob) .. 1,291 .. ..Fresh fruits .. 6 .. ..Dried fruits .. 41 .. ..Manufactures .. .. .. ..Total imports (cif) .. 2,508 .. ..Food .. .. .. ..Fuel and energy .. .. .. ..Capital goods .. .. .. ..Export price index(2000=100) .. .. .. ..Import price index (2000=100) .. .. .. ..Terms of trade(2000=100) .. .. .. ..BALANCE of PAYMENTS1992 2002 2011 2012(US$ millions)Exports of goods and services .. 1,341 3,126 3,200Imports of goods and services .. 2,704 11,071 12,219Resource balance .. -1,363 -7,945 -9,019Net income .. -9 25 28Net current transfers .. 1,222 8,489 9,785Current account balance .. -150 562 798Financing items (net) .. 251 166 -192Changes in net reserves 2 -101 -727 -606Memo:Reserves including gold(US$ millions) .. .. 6,345 7,152Conversion rate(DEC, local/US$) 51.0 44.9 47.9 51.8EXTERNAL DEBT and RESOURCE FLOWS1992 2002 2011 2012(US$ millions)Total debt outstanding and disbursed .. .. 2,627 2,709IBRD 0 0 0 0IDA 0 0 413 422Total debt service .. .. 11 14IBRD 0 0 0 0IDA 0 0 2 2Composition of net resource flowsOfficial grants 105 1,037 5,767 5,938Official creditors .. .. 61 51Private creditors .. .. 0 0Foreign direct investment (net inflows) 0 50 91 94Portfolio equity (net inflows) 0 0 0 2World Bank programCommitments .. .. 0 0Disbursements 0 0 8 9Principal repayments 0 0 0 0Net flows 0 0 8 9Interest payments 0 0 2 2Net transfers 0 0 6 8Note: This table was produced from the Development Economics LDB database. 3/15/14-2024606 07 08 09 10 11 12Current account balance to GDP (%)05001,0001,5002,00006 07 08 09 10 11 12Exports ImportsExport and import levels (US$ mill.)-200204007 08 09 10 11 12GDP deflator CPIInflation (%)B: 422C: 388D: 699E: 950G: 250A ? IBRDB ? IDAC ? IMFD ? Other multilateralE ? BilateralF ? PrivateG ? Short-termComposition of 2012 debt (US$ mill.)!

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