Two hundred years after Adam Smith wrote the Wealth of Nations, Gunnar Myrdal produced his seminal work on the Poverty of Nations. This is ironic for, in the intervening two centuries, the world shifted not from wealth to poverty but the other way round. The agriculture, industrial and scientific revolutions heralded unprecedented improvements in material well-being and social indicators. But the gains were so uneven that even as large parts of the world enjoyed remarkable prosperity, mass poverty continues to be a complex and compelling challenge in much of the Third World.
Editorial

