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Factors Affecting the Level of Poverty in Countries of South America
Countries
Nur Iffah Hanna binti Azlan
Supervisor: Dr. Zairihan binti Abdul Halim
Bachelor of Economics (Natural Resources)
School of Social and Economic Development
Poverty is one of the most serious phenomena in the era of globalization today. It comes
from various sources. This paper explains the factors affecting the level of poverty in five
selected countries in the American continent. The study was initiated with a description
of the definition and dimensions of poverty. Next, the study further discussed various
possible causes of poverty. This paper specifically identifies inflation, education,
unemployment, and population as a causative factor of poverty. The main objective of
this study is to analyze the causes of poverty affecting South America. This study uses
panel data regression techniques to identify the significant levels and the extent to which
variables tend to be. The findings show that unemployment and population have a
positive impact on poverty in South America, while inflation and education level have a
negative and insignificant impact on poverty.
1467 | UMT UNDERGRADUATE RESEARCH DAY 2018