Pakistan’s elite slicing away $17.4 bn in perks: UNDP
Sun Online Desk
17th April, 2021 03:38:04
Economic privileges accorded to Pakistan’s elite groups, including the corporate sector, feudal landlords, the political class and the country’s powerful military, add up to an estimated $17.4 bn, or roughly 6 percent of the country’s economy, a new United Nations report has found.
Released last week, the UN Development Programme’s (UNDP) National Human Development Report (NHDR) for Pakistan focuses on issues of inequality in the South Asian country of 220 million people. “Powerful groups use their privilege to capture more than their fair share, people perpetuate structural discrimination through prejudice against others based on social characteristics, and policies are often unsuccessful at addressing the resulting inequity, or may even contribute to it,” says the report.
Top Story
April 15, 2021
ISLAMABAD: Economic privileges accorded to Pakistan’s elite groups, including the corporate sector, feudal landlords, the political class and the country’s powerful military, add up to an estimated $17.4 bn, or roughly 6 percent of the country’s economy, a new United Nations report has found.
Released last week, the UN Development Programme’s (UNDP) National Human Development Report (NHDR) for Pakistan focuses on issues of inequality in the South Asian country of 220 million people. “Powerful groups use their privilege to capture more than their fair share, people perpetuate structural discrimination through prejudice against others based on social characteristics, and policies are often unsuccessful at addressing the resulting inequity, or may even contribute to it,” says the report.
Top Story
April 15, 2021
ISLAMABAD: Economic privileges accorded to Pakistan’s elite groups, including the corporate sector, feudal landlords, the political class and the country’s powerful military, add up to an estimated $17.4 bn, or roughly 6 percent of the country’s economy, a new United Nations report has found.
Released last week, the UN Development Programme’s (UNDP) National Human Development Report (NHDR) for Pakistan focuses on issues of inequality in the South Asian country of 220 million people. “Powerful groups use their privilege to capture more than their fair share, people perpetuate structural discrimination through prejudice against others based on social characteristics, and policies are often unsuccessful at addressing the resulting inequity, or may even contribute to it,” says the report.
Islamabad, Pakistan – Economic privileges accorded to Pakistan’s elite groups, including the corporate sector, feudal landlords, the political class and the country’s powerful military, add up to an estimated $17.4bn, or roughly 6 percent of the country’s economy, a new United Nations report has found.
Released last week, the UN Development Programme’s (UNDP) National Human Development Report (NHDR) for Pakistan focuses on issues of inequality in the South Asian country of 220 million people.
The report uses the prism of “Power, People and Policy” to examine the stark income and economic opportunity disparities in the developing country.
“Powerful groups use their privilege to capture more than their fair share, people perpetuate structural discrimination through prejudice against others based on social characteristics, and policies are often unsuccessful at addressing the resulting inequity, or may even contribute to it,” says the report.
Representational Image UNICEF
World Health Day: Dealing With A ‘Pandemic Of Inequality’
The Covid-19 crisis amplified pre-existing gender gaps and the asymmetric power-relations between men and women. And this has a major impact on health and nutrition.
Covid-19 has presented not just a health emergency but also a socio-economic crisis owing to its far-reaching consequences on the economic, demographic and social fronts, prompting many to refer to it as generating a ‘pandemic of inequality’. The migrant exodus triggered by the sudden lockdown in March, 2020 turned a health emergency into a humanitarian crisis. The concomitant economic slowdown has set India’s progress back by decades. Covid-19 has wreaked havoc in the educational, health and livelihood sectors and in other areas of social development, impeding the country’s progress towards the realization of India’s commitments to the United Nation’s Sustainable