Measuring poverty properly

The gap between the haves and have-nots is growing, thanks to Covid-19 and climate change.

The 2019 Oscar-winning film Parasite attracted a global audience for its arresting portrayal of South Korea’s stark income inequality. The movie’s rendering of a low-income household’s acute sense of alienation resonated widely, no doubt because similar sentiments are palpable in many other countries. And the gap between the haves and have-nots is growing, thanks to the dual challenges of Covid-19 and climate change.