P. Sainath writes on the recession, GDP and HDI. Assets of the billionaires and their global ranking may be going down, but what is the status on the other-side of the tip of the pyramid?
HDI Oscars: Slumdogs versus millionaires
What does it mean to rank much better on GDP per capita than in the HDI, as we do? It means we have been less successful in converting income into human development.