Poverty Anywhere is a threat to Prosperity Everywhere

In a post-globalised world order, humanity rests on imbricated systems of trade, economy, the environment and a massive, ever- expanding flow of ideas. In such a scenario, poverty threatens the very foundations of this fragile world order. Various economic research studies point toward a recent trend in increasing income inequalities within nations, as marked by the standardised measure of inequality known as the ‘Gini Coefficient’, especially over the past few decades. However, it is important to remember that the consequences of living in grossly unequal societies with millions living in poverty, goes beyond the perspective that mere economic ....