Developing inequalities

The ongoing changes at international level are so quick and deep that, even before the outbreak of the crisis started in 2008, globalization has silently entered a new phase which is reshaping the reality of the Southern Hemisphere, in addition to Europe.

There is, nowadays, a new poverty and inequality geography. The Southern Hemisphere is more than ever a complex and contradictory reality.

Countries with the highest growth rate reduce the number of poor, but they also are the countries where the greatest part of poor live, where inequality increases at an unsustainable pace and the system's imbalance is more evident. Inequalities in and between countries, nowadays, put into the foreground the real nature of economic growth, development and poverty, obliging us to reconsider the theories and policies of international aid and, therefore, to consider the current predominant alternative approaches to development cooperation.