Finance for Life Instead of Death

Abstract

The pursuit of a world free from hunger and poverty has been a long-standing challenge on the global stage, and a Goal for many esteemed publication sites and scholars. This research endeavor conducted by financial experts, guided by a comprehensive analysis of data from prestigious institutions such as The United States Government, European Union, International Monetary Fund, the World Bank, United Nations, and the World Nuclear Association, seeks to shed light on critical aspects of this multifaceted issue. Our study begins by critically examining the prevailing notion that advanced nations and economic unions, typified by the United States and the European Union, face financial constraints when endeavoring to eliminate poverty without compromising the welfare of their own populations. Contrary to conventional wisdom, empirical evidence emerges, suggesting that a mere reallocation of 2% of military spending from these advanced nations toward the noble cause of assisting developing countries could hold the key to eradicating global hunger. Intriguingly, as financial experts by studying audit reports we also uncover the substantial resources harbored within international institutions such as the International Monetary Fund (IMF) and the World Bank. These resources, though ample, appear underutilized in the battle against hunger-related deaths. Political influences, stemming from the significant funding these institutions receive from developed nations, may hold the key to understanding this puzzle. This revelation challenges the perception that international institutions are ill-equipped to address poverty and hunger, emphasizing the need to explore the underlying dynamics. While our research unveils these critical insights, it regrettably falls short of rejecting the hypothesis that underprivileged nations, like Niger, possess the natural resources required to combat hunger if only developed nations cease resource exploitation. Thus, the inescapable truth persists, developing countries require support from their more affluent counterparts. In summary, this research abstract encapsulates the urgency of the global effort of financial decision makers needed to combat hunger and poverty. It underscores the potential for change through resource reallocation and the imperative of addressing political influences within international institutions. These findings beckon us to bridge the gap between advanced and developing nations, ushering in a brighter future for all. This research promises to inform policymakers, international organizations, and concerned citizens alike, offering a deeper understanding of the intricate web of global efforts to eliminate hunger and poverty.