A question of priorities

 
Published: Saturday 04 July 2015

-- The world has sufficient resources to accelerate progress to accelerate progress in human development for all and to eradicate poverty. According to the United Nations Development Programme's Human Development Report 1998, the total additional yearly investment required to achieve universal access to basic social services would be an estimated US $40 billion, which is 0.1 per cent of the world's income. At present the additional annual cost of universal access to basic social services looks outrageously meager compared to consumer spending. The resources are all there; just the priorities need to be readjusted.

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