Thursday, October 26, 2006

Human development? Who cares

The sections affected by poverty are varied. The Economic and Social Council contends that its victim is mostly the children, women, single parents, pensioners and the expatriate population. The UN’s HDR contends that in 2002-03, 21% of total child population (about 2.6 million children) and about 67% of the Pakistanis and Bangladeshi lived in poverty.

The reasons are as varied as the poverty demographics. Skewed policies initiated by the government have resulted in widening the gap. Distinctly pro-rich growth pattern has led to a condition where the richest 10% of the population receive about 28% of disposable income. Similarly, the mean annual income of the richest one-fifth has increased about ten folds the rate of the poorest one fifth.

For complete IIPM article click here

Source:- IIPM Editorial

Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative