Category Archives: Poverty

India Is No Longer World’s “Poverty Capital”

India is no longer the global poverty capital! Nigeria has overtaken India and the Democratic Republic of the Congo would soon displace India from the number two spot also. 44 people are coming out of extreme poverty in India every … Continue reading

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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

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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

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Understanding Poverty, Beyond Lack of Income

Poverty is a human development issue; not an income issue alone. Continue reading

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Why Has Capitalism Failed the Poor?

Capitalism focuses on people with capital; it naturally leaves behind the poor without money. Continue reading

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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

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Understanding Poverty, Beyond Lack of Income

Poverty is much more than lack of income; it is inherently multidimensional and must be seen as such. Continue reading

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