07 Poverty
Development and Poverty Alleviation¶
Policies of one country for development has a high possibility of affecting the development of another country
eg:
- dams (China - india)
- nuclear plant (uae-china)
Mainstream View¶
maximize ‘wealth’ using a capitalist system
obsessed with GDP
Critical View¶
more about happiness and sustainability
- health
- education
- standard of living
- self-fulfillment
India¶
India liberalized its economy cuz it took funds from the IMF, which said that it is compulsory to adopt certain principles
One of the concerns in the north east is that they look at natural resources as sacred, rather than just for human consumption
GINI Coefficient¶
is a measure of statistical dispersion intended to represent the income inequality or the wealth inequality within a nation or a social group.