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Category Archives: Poverty
Poverty is Cancer not Flu ! – Mahbub Ul Haq
Late Pakistani economist Mahbub Ul Haq is the brain behind UNDP’s human development index (HDI). He has seen the emptiness and deception of using GDP growth as measure of national progress. His concept of human development brought a paradigm shift in the global developmental discourse. Now more and more countries are trying to measure people’s well being beyond per capita GDP numbers. Continue reading
Posted in Poverty, Sustainable Development
Tagged capabilities approach, GDP, HDI, Mahbub Ul Haq, MPI, sustainable development
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A New Measure of National Progress: Social Progress Index (SPI)
It is time that India turn GDP growth into real development of people and society. The Social Progress Index is a useful tool to measure real progress beyond the GDP. Continue reading
Posted in Poverty
Tagged Amartya Sen, capabilities approach, progress and development, social progress
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Understanding Poverty, Beyond Lack of Income
Poverty is a human development issue; not an income issue alone. Continue reading
Posted in Poverty
Tagged basic needs approach, capability poverty, human development index, poverty
2 Comments
Global Economics of Rich Getting Richer and Increasing Inequalities
Rising inequality is a serious threat to global well-being. Rich 1% practically own and decide everything while the poor remain poor. Continue reading
Posted in Poverty
Tagged economic inequality, global poverty, income poverty, poverty
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Poverty is an Assault on Human Rights
Poverty violets human rights of poor people. It can’t be understood properly from the narrow lens of income but must be viewed as a state of inability to live comfortable life. The disabling factors may come from psychological, social, political or cultural dimensions of life. Continue reading
The Vicious Cycle of Child Marriages And Poverty
Child marriages disrupt the normal growth to adulthood and a violation of children’s rights. They endangers the well-being of adolescent girls by exposing them to the dangers of physical and sexual violence as well as to early, unplanned and frequent pregnancies. Continue reading
Posted in Gender, Poverty
Tagged adolescent pregnancies, Child marriages, domestic violence, forced marriages, patriarchy, poverty, Violence against women
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Muhammad Yunus: How 27 Dollars Revolutionized The Anti-Poverty Movement!
Nobel laureate Professor Muhammad Yunus has placed microcredit at the forefront of battle against poverty. He was amazed to discover that lack of small and microcredits to the poor often keep them in poverty. His Grameen Bank initiative is now a global phenomenon; its model is operative in over 130 nations, including the super rich US! Continue reading
Posted in Poverty
Tagged banker of the poor, Grameen Bank, microcredit, microfinancing, Muhammad Yunus, Professor Muhammad Yunus
2 Comments
Understanding Poverty: Comparing the “Basic Needs” and the “Capability” Approaches
Poverty is by nature multidimensional. It can’t be adequately measured or described by any single-dimensional parameter like income. Moreover, it is a situation of deprivation that is a net result of several factors – personal, social, cultural and political. Hence, comprehensive approach is needed to tackle the issue of poverty. Continue reading
What is Amartya Sen’s “Capability Approach” to Development and Poverty
The capabilities approach of Amartya Sen sees development as expansion of people’s capabilities. Poverty, in this approach, is taken as deprivation of basic capabilities needed to live a tolerable life. Continue reading
There is more to “Development” than Just Economic Growth!
Amartya Sen’s capability theory offers a comprehensive approach to development which puts people at the center of attention. Development is not just economic growth or industrialization and people are not mere tools to achieve it. Continue reading
Indian Farmers Need Income Support, not MSP
Indian farming will be revolutionized if the government start giving income support in place of minimum support price, fixed on political grounds. Developed nations provide significant amount of subsidies to their farmers; Indian government seems to be living in oblivion. Continue reading
Understanding the Multidimensional Nature of Indian Poverty
The new measure of poverty, called multidimensional poverty index provides a vivid picture of poverty and complements income poverty measures. As it provides the extent as well as the nature of poverty it can be highly useful for the policy makers. Continue reading
Posted in Poverty
Tagged income poverty, multidimensional poverty, nutrition poor, poor people, poverty, why people are poor
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