Content tagged with economy:
Unfortunately, economic growth, does not always mean poverty reduction. The profits are rarely evenly distributed and this can lead to unrest and protests by the poor who reap no benefits from the increased wealth. Where do the profits go?
Everbody likes a Big Mac now and again, and many people own an iPhone or an iPod. But people don't usually give much thought to the ethics of Apple and McDonald's. Perhaps they should...
What would you reckon as the gravest problem the world is faced with today? Economic crisis? Global warming? International terrorism? If asked, most people probably would suggest one of the three, mainly due to what media focus on. If the same question was put to the UN Security Council – the answer would be different. Both the UN and most humanitarian organisations would agree that hunger and poverty in developing countries, particularly in Africa, top the list of world challenges. So why does it seem so impossible to effectively attack this malicious situation?
