An article dated Sep 2005, based on UN report show that poverty is in rise even in US.
UN Hits Back at US in Report Saying Parts of America are as Poor as Third World. http://www.commondreams.org/headlines05/0908-06.ht m
Some highlights...
Child mortality is on the rise in the United States
The infant mortality rate in the US is now the same as in Malaysia
Blacks in Washington DC have a higher infant death rate than people in the Indian state of Kerala
Child poverty rates in the United States are now more than 20 per cent
Misinterpreted article! Its surely not that bad.
on
The Myth of the New India
·
· Score: 3, Informative
The article misinterprets facts in many ways. There are some facts. Overall the picture looks good, not that bad as mentioned in the article and there is hope. But I rather call them as challenges than bad. They are not to be ignored. But there is no silver bullet either. If you discuss with people from India, while they are proud of the growth, they are don't hyped about it as the media reports. World media is worried since they had to drastically change the way they portrayed India for a long time.
Here are some views on India's growth gathered from various sources.
Media Image
Why is every one so surprised by India's growth? It has to do with the image of India portrayed by world media. The image portrayed was that of a poor country with a huge population aligned to the communist Russia. Few years back we never saw a an Indian multi-lane paved-road in the media, even when they existed in may places. Today media is forced to change that image as more and more people are visiting India. World media is worried since they had to drastically change the way they portrayed India for a long time.
$1 perception
As many pointed out in the replies, $1 is much more than most of us know. A loaf of bread is $1.5 (Rs67) in US is about $0.2 (Rs10) in India. While gas price is higher than in US, the MPG of most of the vehicles are much higher than in US. And many ride motorbikes that have 120MPG. So comparison is not apple-apple when you say Oh my God, people live in India for $1 a day.
I saw comments mentioning that the meal for less than $1 is in roadside shack. That is not true. Go to the wealthy part of the city and try to eat for a $, if we get one, that may be in a shack. If we go to the villages where poor people live, you are surely not going to see a star rated restaurant. But believe me, I have had and, most places we can eat food without upsetting stomach. But as the same person rightly pointed out most of the people cook food at home. And don't forget they grow vegetables at home and may be one cow or goat for their milk.
World has changed
No one is saying India will have an easy walk. World is different than it was during the industrial revolution. This could be a new form of economic revolution. And the background of the countries are not the same.
Wealth ratio
- Ratio of income earned by a country's richest 10% and the poorest 10% is 7.3.
That is, the richest 10% of the population is a little over seven times as rich as the poorest 10%.
- China which has a ratio of 18.4.
- United States 15.7.
This numbers show that the gap of wealthiest and poor are much better than many wealthy countries.
Middle class growth
When we say the percentage of middle class is growing, what does that mean? It means people from lower economic class is joining middle class. Isn't that good? There is no silver bullet, it cannot happen in a day or few years. It is improving at a good rate, given the population.
Per capita income
- In 1996, India had a per capita income of $380.
- In 2004 India's per capita income has risen to $620.
- While many other Asian countries have not got that seen that growth.
Growth Rate - a different view
- From 2000 to 04 with annual growth rate of 6.2%.
India was not second but the 17th fastest-growing nation in the world.
- From 1990 to 2004, India moves up to being the fourth fastest-growing economy, behind China.
- From 1980 to now, India does indeed come secondbehind China.
- It is this that gives the big hope to India - Consistent and steady growth - at least till now.
Challenges are not just in India.(from BBC article)
- Rising inequality is largely a concomitant of globalization and, hence, for a single country
to take action against this is to take the ri
Slashdot Mirror
An article dated Sep 2005, based on UN report show that poverty is in rise even in US.t m
UN Hits Back at US in Report Saying Parts of America are as Poor as Third World. http://www.commondreams.org/headlines05/0908-06.h
Some highlights...
Child mortality is on the rise in the United States
The infant mortality rate in the US is now the same as in Malaysia
Blacks in Washington DC have a higher infant death rate than people in the Indian state of Kerala
Child poverty rates in the United States are now more than 20 per cent
The article misinterprets facts in many ways. There are some facts. Overall the picture looks good, not that bad as mentioned in the article and there is hope. But I rather call them as challenges than bad. They are not to be ignored. But there is no silver bullet either. If you discuss with people from India, while they are proud of the growth, they are don't hyped about it as the media reports. World media is worried since they had to drastically change the way they portrayed India for a long time.
Here are some views on India's growth gathered from various sources.
Media Image
Why is every one so surprised by India's growth? It has to do with the image of India portrayed by world media. The image portrayed was that of a poor country with a huge population aligned to the communist Russia. Few years back we never saw a an Indian multi-lane paved-road in the media, even when they existed in may places. Today media is forced to change that image as more and more people are visiting India. World media is worried since they had to drastically change the way they portrayed India for a long time.
$1 perception
As many pointed out in the replies, $1 is much more than most of us know. A loaf of bread is $1.5 (Rs67) in US is about $0.2 (Rs10) in India. While gas price is higher than in US, the MPG of most of the vehicles are much higher than in US. And many ride motorbikes that have 120MPG. So comparison is not apple-apple when you say Oh my God, people live in India for $1 a day.
I saw comments mentioning that the meal for less than $1 is in roadside shack. That is not true. Go to the wealthy part of the city and try to eat for a $, if we get one, that may be in a shack. If we go to the villages where poor people live, you are surely not going to see a star rated restaurant. But believe me, I have had and, most places we can eat food without upsetting stomach. But as the same person rightly pointed out most of the people cook food at home. And don't forget they grow vegetables at home and may be one cow or goat for their milk.
World has changed
No one is saying India will have an easy walk. World is different than it was during the industrial revolution. This could be a new form of economic revolution. And the background of the countries are not the same.
Wealth ratio
- Ratio of income earned by a country's richest 10% and the poorest 10% is 7.3.
That is, the richest 10% of the population is a little over seven times as rich as the poorest 10%.
- China which has a ratio of 18.4.
- United States 15.7.
This numbers show that the gap of wealthiest and poor are much better than many wealthy countries.
Middle class growth
When we say the percentage of middle class is growing, what does that mean? It means people from lower economic class is joining middle class. Isn't that good? There is no silver bullet, it cannot happen in a day or few years. It is improving at a good rate, given the population.
Per capita income
- In 1996, India had a per capita income of $380.
- In 2004 India's per capita income has risen to $620.
- While many other Asian countries have not got that seen that growth.
Growth Rate - a different view
- From 2000 to 04 with annual growth rate of 6.2%.
India was not second but the 17th fastest-growing nation in the world.
- From 1990 to 2004, India moves up to being the fourth fastest-growing economy, behind China.
- From 1980 to now, India does indeed come secondbehind China.
- It is this that gives the big hope to India - Consistent and steady growth - at least till now.
Challenges are not just in India.(from BBC article)
- Rising inequality is largely a concomitant of globalization and, hence, for a single country to take action against this is to take the ri