Part two:
Poverty rate is expected
to increase worldwide due to the following:
Fourth
industrial revolution will potentially increase loss of employment particularly
jobs that require low-education level.
Forthcoming
Skill gab increase in many countries.
Average lifespan
increase will create geriatric growth.
Solitude and its
psychological consequences.
Divorce rate
increase.
Immigration rate
increase.
It is unlikely for UAE
to be highly affected by the increase of poverty worldwide for the following:
UAE has
proactively adopted strategies that utilize the fourth industrial revolution
without jeopardizing employment security.
Women's
education increase and the subsequent increase of their income will limit the
effects of divorce, should it occur.
Zakat will play a
significant role in reducing poverty rate and bridging the gap between middle
class and lower class by increasing zakat revenue through increasing the number
of activity obliged to pay zakat and increasing zakat ratio.
Recommendation to reduce
poverty rate in UAE:
Encouraging
youth to enroll in modern scientific specialties.
Concentrating on
technical and vocational education by increasing the number of schools of
technical education.
Developing
unified standards for measuring poverty line on the level of UAE.
Enhancing the
linkage and integration between public authorities and philanthropic
institutions in assisting needy families in UAE.
Developing significant
and unified standards to identify the amount of assistance paid to the needy
people on the level of UAE.
Unifying
disbursement channels to poor families through developing a unified database in
UAE.
Adopting a
gradual transition from assistance to production-input ownership.
Enabling families to be producing then participating in the support of others instead of receiving assistance.
Written by the advisor: Ahmad Saad
Albadawi
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