The poverty estimates have remained the same during the 1970s and 1980s, however it peaked in the 1990s. For the same time period, Gini coefficient (reflecting inequality in a society) surged ahead from 25 to 35, which were the highest in world.
The requirement then is to combine the employment generation with wider economic pursuits for determining income distribution patterns. Poverty alleviation might be an anathema to the western world, but internal configuration of their society shows that they remain iniquitous and unfair.
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Source:- IIPM Editorial
Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative
The requirement then is to combine the employment generation with wider economic pursuits for determining income distribution patterns. Poverty alleviation might be an anathema to the western world, but internal configuration of their society shows that they remain iniquitous and unfair.
For complete IIPM article click here
Source:- IIPM Editorial
Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative
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