Financial or Multi-Dimensional Crisis?
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lift themselves and their families above the poverty line (USD2 per person per day) may rise to 1.4 billion. This is nearly half of the entire world’s employed. Further, some 200 million workers earning USD1.25 or less a day, mostly in developing economies, could be pushed into extreme poverty.
The periodic crisis makes it even more difficult for those in the “permanently in crisis” list.
And Now, Finding the Cause of the Crisis …
The economic crisis has now offered the world a new intellectual enterprise, and it is gaining strength. From across the political spectrum, analyses of causes of the present financial crisis and economic downturn are being offered and, in the same breath, solutions are being presented. As it can be expected, some of these solutions, particularly from the right, are being sold. For many, the economic crisis,
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