–PAPER ID: IJIM/Vol. 8(II) June 2023/19-23/4

AUTHOR : Garima Yadav

TITLE: LOBAL POVERTY: CAUSES AND CONSEQUENCES

ABSTRACT: Poverty is about more than a lack of income. It has a range of different socioeconomic dimensions, including: the ability to access services and social protection measures and to express opinions and choice; the power to negotiate; and social status, decent work and opportunities. Poverty is also the root cause of many human rights and labour rights violations. For example, child labour, forced labour and human trafficking are each deeply connected to poverty. Under the UN Guiding Principles on Business and Human Rights, companies have a responsibility to respect human rights and labour rights in accordance with international standards which includes identifying and avoiding practices that perpetuate poverty traps. A company can do this by conducting human rights due diligence to identify, prevent, mitigate and account for how they address actual and potential human rights and labour rights impacts in their own operations and supply chains. 

KEYWORDS: Global Poverty, Child Labour, Human Rights, Labour Rights.

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