1. World problems
  2. Shortage of financial resources for action against problems

Shortage of financial resources for action against problems

Nature

Funds to address societal needs are limited for reasons depending on whose financial resources they represent. For example, governments spend a great deal of money on armaments and cut back on social welfare. The private sector, always aiming for as much profit as it can from its activities, gives only token heed to public responsibilities. Some intergovernmental projects and organizations absorb most of their funds in salaries and the production of reports calling for action against problems by their member states. Even where funds might initially be adequate to take sufficient remedial action against problems, they are subject to mismanagement and in some cases, misuse. Funding is also a manifestation of comparative political strength, and some problem-oriented projects may remain unfunded, regardless of merit, solely because they were proposed originally by a minority party, coalition or bloc.

Broader

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Aggravates

Consensus trap
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Aggravated by

Related

Strategy

Value

Shortage
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Problem
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Inactivity
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Action
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SDG

Sustainable Development Goal #10: Reduced InequalitySustainable Development Goal #13: Climate Action

Metadata

Database
World problems
Type
(F) Fuzzy exceptional problems
Subject
  • Action » Action
  • Commerce » Finance
  • Societal problems » Scarcity
  • Content quality
    Yet to rate
     Yet to rate
    Language
    English
    Last update
    Dec 3, 2024