Dignity deficit in the world: Social Watch

With a Gini value of 70, the world has become more unequal, says the report

trithesh

Trithesh Nandan | December 30, 2011




The world faces a growing dignity crisis, as many countries have not been able deliver on the basic indices of development like tackling hunger, infant mortality rates, malnutrition and poverty etc, says a new report released by Social Watch International.

The “inaction” of the governments  of these countries “and the mal-action of business as usual are amassing a mountain of social and ecological liabilities,” stated the report titled ‘The right to a future’. Those hurdles have provoked “social and political tension and unrest […] from Cairo to Manhattan to New Delhi,” says the report.

“If fulfilment of basic dignity levels of enjoyment of social, economic and cultural rights is not incompatible with sustainability and achievable with existing resources, not doing so is not just an ethical fault but also a threat to the global system…,” wrote the coordinator of Social Watch, Roberto Bissio, in the overview of the report.

The report also says that high ecomonic had little bearing on setting aright social disparities. “In rich and poor countries alike, only a small minority benefitted from the excellent economic performance of the world up to the financial crisis of 2008,” Bissio points out.

It also says, “The world as a whole is more unequal than any country, with a Gini value of around 70.”

The report says that several governments have cut down their social sector spending since the financial crisis began in 2008. “Austerity fiscal policies that cut on social spending started to be implemented in debt-affected countries and are now spreading even to countries that do not suffer from debt problems or fiscal deficit,” said Bissio.

“Citizens around the world are demanding change… people have right to a future and the future starts now,” the report held.

Read the report

India’s overview

Comments

 

Other News

PM interacts with CEOs, founders of space startups

Prime minister Narendra Modi interacted with CEOs and Founders of 20 Space Startups at Seva Teerth on Friday.   CEOs of leading companies in the space sector working in diverse fields ranging from building rockets and reusable semi-cryogenic launch vehicles, avionics, satelli

From one cow to a dairy business

In 2012, Anita Dash wasn`t dreaming of building a dairy brand. She wasn`t studying business models or planning market expansion. Like countless mothers across India, her focus was on something much simpler: giving her children a better future.   At the time, her most valuable

Ethanol blending: The two sides of a story

India`s crude oil consumption is estimated to be around 88.5% imported from abroad. This one single figure is also responsible for why ethanol has become both an economic strategy and fuel policy at the same time. In an economy like India, which depends so heavily on foreign oil, any increase in internat

Food inflation: Not a macroeconomic statistic but a developmental indicator

India`s retail inflation shows a reassuring picture at first glance. According to the latest data, Consumer Price Index (CPI) inflation edged up to 4.38% in June 2026 from 3.93% in May 2026, but continued to remain within the Reserve Bank of India`s (RBI) target band of 4% (+/- 2%). However, beneath this

Skin in the game or masterful market timing?

When a company founder opens their personal chequebook to buy shares in their own business, stock markets usually applaud. To the average retail investor, it feels like the ultimate vote of confidence, a sign that the people running the show have real skin in the game and believe brighter days are ahead.

India’s freedom struggle was shaped by wider Asian political thought

As we mark 80th anniversary of independence, ‘Asianism and the Fall of Empire’ (HarperCollins India) by historian Mithi Mukherjee offers a new perspective on Ind

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter