By Jonathan Power*
LUND, Sweden (IDN-INPS) - The Asian economies are picking up speed again. After the big hit from Wall Street when the bank, Lehman Brothers, collapsed in a heap in 2008, sending shock waves everywhere, a recovery is now in the works.
How many child deaths in the Third World did these bankers cause? Another question is will future growth be like the past – fast but severely inequitable? The same growth before 2008 that reduced absolute poverty created a widening gulf between the haves and have-nots.
But isn’t that sufficient for the day, many ask? Absolute poverty must be the key mark of progress – raising incomes, giving people more money to seek education for their children or medical care or filling the coffers for the state so that it can fund bore holes in the countryside and sewers in the urban slums.