{"id":885,"date":"2001-06-12T12:00:00","date_gmt":"2001-06-12T12:00:00","guid":{"rendered":"https:\/\/www.hinduismtoday.com\/hpi\/2001\/06\/12\/2001-06-12-indian-subcontinent-and-africa-sink-deeper-into-poverty\/"},"modified":"2001-06-12T12:00:00","modified_gmt":"2001-06-12T12:00:00","slug":"2001-06-12-indian-subcontinent-and-africa-sink-deeper-into-poverty","status":"publish","type":"post","link":"https:\/\/www.hinduismtoday.com\/hpi\/2001\/06\/12\/2001-06-12-indian-subcontinent-and-africa-sink-deeper-into-poverty\/","title":{"rendered":"Indian Subcontinent and Africa Sink Deeper Into Poverty"},"content":{"rendered":"<p><A HREF=\"http:\/\/news.bbc.co.uk\/hi\/english\/business\/newsid_1375000\/1375307.stm\">GO TO SOURCE<\/A><\/P><br \/>\n<P><\/p>\n<p>LONDON, ENGLAND, June 8, 2001: The world&#8217;s poor may be sinking deeper into poverty, according to a new report that turns traditional insights into poverty reduction upside down. This is in stark contrast to the widely used &#8212; and potentially misleading &#8212; data based on Gross National Product (GNP) and the Human Development Index. The measure of GNP &#8212; the monetary value of all goods and services provided by the economy &#8212; could be fatally flawed as it disregards vitally important factors such as the depletion of natural resources which have a dramatic impact on the survival ability of the future generations. Pakistan&#8217;s GNP, for example, grew at a healthy 2.7% per year, implying a more than doubling of living standards between 1965 and 1996. The report&#8217;s alternative measure of wealth shows that Pakistan&#8217;s living standards have actually almost halved over this period. The assumption that a steady growth in GNP automatically leads to a reduction in poverty could have led to a decrease in the amount of development aid, loans and grants allocated to any one country.<br \/>\n<\/P><\/p>\n","protected":false},"excerpt":{"rendered":"<p>GO TO SOURCE LONDON, ENGLAND, June 8, 2001: The world&#8217;s poor may be sinking deeper into poverty, according to a,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-885","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/posts\/885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/comments?post=885"}],"version-history":[{"count":0,"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/posts\/885\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/media?parent=885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/categories?post=885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/tags?post=885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}