Project info

Poverty is the key feature of development problems. Therefore poverty control is the central development task. Without a comprehensive reduction of poverty in the world, other global problems such as the destruction of the environment and a threat to peace can not be mastered, because poverty and the widening gap between the rich and the poor intensify these problems.

In the last seven years since the Great Financial Crisis, private money has risen by 61% worldwide, almost twice as fast as economic output.

However, the sharp rise in financial assets in recent years got a significant blemish, particularly in industrialized countries with extremely low interest rates. It goes hand in hand with an increasing inequality in the distribution of wealth. On the one hand, this is reflected in an erosion of the middle class or impoverishment of broad population strata, as well as substantially in the concentration of ever greater wealth in the hand of a few.