development indicators

Basic Capabilities Index reveals progress too slow for next decade

NEW YORK 23 September 2008 (Social Watch for ITeM)

The recent release of the 2008 Basic Capabilities Index (BCI) results, an alternative poverty estimate produced by Social Watch, revealed that the current rate of progress is moving at a snail’s pace. Out of 176 countries where a BCI figure is being measured, only 21 have made noticeable progress over the past 8 years. As such, the international poverty reduction goals for 2015 will not be met; in fact in certain areas such as sub-Saharan Africa, an entire century would be needed. Social Watch is an initiative of the Third World Institute (ITeM), member of APC in Uruguay.

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