Chapter

Ending world poverty in the 21st century

Peter Townsend

in Tackling inequalities

Published by Policy Press

Published in print January 2000 | ISBN: 9781861341464
Published online March 2012 | e-ISBN: 9781447303633 | DOI: http://dx.doi.org/10.1332/policypress/9781861341464.003.0010
Ending world poverty in the 21st century

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This chapter considers how world poverty might be abolished in the new millennium. Rapid technological change and globalisation have transformed the world economy at an unprecedented pace, but the benefits are being enjoyed by the rich and strong rather than the weak and poor. The process of global ‘trickle-down’ has failed to close the gap between wealthy and poor countries, while inequalities within countries also continue to widen. The chapter discusses issues relating to the meaning and measurement of poverty and shows how the 1995 World Summit on Social Development, which incorporates overall and absolute definitions of poverty as a way to bridge the ‘First’ and ‘Third’ Worlds, has been a significant breakthrough in this context. It argues that there is an urgent need for international social policies involving investment in jobs and the reorganisation of the public and private sectors.

Keywords: world poverty; world economy; globalisation; technological change; social development

Chapter.  7595 words. 

Subjects: Social Stratification, Inequality, and Mobility

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