THE PARADOX OF GLOBAL DEVELOPMENT
Since the end of Second World War, the world discovered a new god, god of development. This god has been exultantly worshipped by all developed countries of the west as well as in the poverty-stricken countries of Asia and
The Age of turbulence or the age of inequality
Alan Greenspan in his latest book ‘The age of turbulence’ talks about the future of the world, economic injustice,
Despite a glut of food, and a spectacular increase in the globe’s capacity to grow more, hunger remains one of the world’s major problems. According to the international food policy research institute in
Poverty is the major challenge for the world today. Nobel laureate Mohammed Younus writes in his book ‘Banker to the Poor’ that “Poverty does not belong to civilized human society.” But poverty not only stays in civilized society, it is the fate it seems with a sense of irony. Based on National Sample Survey data, this shows that a frightening 77 percent of
Here are some more data which explain the inequality and disparity in the world
· Half the world — nearly three billion people — live on less than two dollars a day
· The world’s richest 520 individuals have a combined income greater than that of the poorest 416 million (HDR’05)
· Richest 2 percent of the world’s adults own more than half of global household wealth (World distribution of Household wealth report)
· The richest 1 percent alone owned 40 percent of global assets in2000, for 85 percent of the world total.
· There is a perceptible increase in inter-personal wealth in-equality in
· The GDP (Gross Domestic Product) of the poorest 48 nations (i.e. a quarter of the world’s countries) is less than the wealth of the world’s three richest people combined.
· 20% of the population in the developed nations, consume 86% of the world’s goods. The top fifth of the world’s people in the richest countries enjoy 82% of the expanding export trade and 68% of foreign direct investment — the bottom fifth, barely more than 1%. In 1960, the 20% of the world’s people in the richest countries had 30 times the income of the poorest 20% — in 1997, 74 times as much
· The combined wealth of the world’s 200 richest people hit $1 trillion in 1999; the combined incomes of the 582 million people living in the 43 least developed countries is $146 billion
· A mere 12 percent of the world’s population uses 85 percent of its water, and these 12 percent do not live in the
· About 0.13% of the world’s population controlled 25% of the world’s assets in 2004
This is the story of rising inequalities and disparity almost everywhere in the world.
Social Problems
Epilogue
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Mahbub ul haq, founder of Human development report explain development as “The basic purpose of development is to enlarge people's choices. In principle, these choices can be infinite and can change over time. People often value achievements that do not show up at all, or not immediately, in income or growth figures: greater access to knowledge, better nutrition and health services, more secure livelihoods, security against crime and physical violence, satisfying leisure hours, political and cultural freedoms and sense of participation in community activities. The objective of development is to create an enabling environment for people to enjoy long, healthy and creative lives."
Development must help in nourishing human soul and human values. Development without values will always cause injustice, inequality and turbulence. The role of develop society is not to humiliate and ruin the weaker one but to create opportunity for the development of all. The paradox of global development is apparent. In a world where people are dieing of hunger and poverty, the paradox is that in the same world individuals have enough money to spend on lewd things. According to a report available on internet every second $ 3,075.64 is spent on pornography, every second 28,258 internet viewers are watching pornographic sites and the annual revenue of pornographic site for the year 2006 was $ 97.06 billion. This ad hoc, abrupt and rapid change need to be checked to save not only humanity but the eco system as well.
Syed Musab iqbal
2 comments:
Assalamualaikum..........
Really very impressive and thought provoking articles ...i have found in this blog....and i request to add some more articles which through light on the issues "related to the ideologies of the contemporary world and their deceptive tactics to confuse the mass at large."
salam alaik....i read yours all articles and all based on thought provoking....very comprehensive ...exceptional...hope to have something new from u soon...
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