Women are under-represented in India’s economy. At 17 percent, India’s women have the lowest share of contribution to GDP in the world, lower than women in China (41 percent), Sub-Saharan Africa (39 percent), and Latin America (33 percent). Women in India make up just 24 percent of the workforce, compared with 40 percent globally.
I’m not racist nor have I any prejudice based upon the colour of one’s skin. However, truth must be told that I’m beginning to develop an animosity towards a particular type of Afrikaner. My step-dad was an Afrikaner Boer and during my teenage years I had the opportunity to grow up understanding the wonderful values of family and hard work which are shown in this great culture.
Over the past decade, more than three and a half million South Africans have been lifted out of extreme poverty. As of 2015, the country’s consuming class grew to encompass about nine million households, accounting for $191 billion in private consumption.
Redistribution is one version of land and agrarian reform, but it has not been the most common historically. Many of the major land reforms of the world have been of the ‘land to the tiller’ variety, affecting one dimension of agrarian structure – the ownership of property – but leaving others relatively intact, as former tenants or peasants end up cultivating the same, or somewhat expanded, plots as before.
he main potential to reduce rural poverty and inequity lies in the development of overall frameworks providing social security, education and training as well as health care, and in developing adequate infrastructures in rural areas.
The connection between state economic policy and the perpetuation of poverty and inequality is no accident, but a direct and foreseeable consequence of particular policy choices that have privileged the more ‘advanced’ components of the economy at the expense of the mass of the poor.
South Africa is an upper-middle-income country. Despite this relative wealth, the experience of the majority of South African households is either one of outright poverty, or of continued vulnerability to becoming poor. The distribution of income and wealth in South Africa may be the most unequal in the world.
Today, South Africa has one of most unequal distributions of income in the world, and income and quality of life are strongly correlated with race, location and gender. The political compromise that ensued left much of the power and wealth of the white minority, including land ownership, more or less intact.
I really have no time for party politics and for whatever statistics the DA, ANC and others can regurgitate to justify this injustice, it means nothing when the reality is before our eyes!