Without the progress of equality and improvement in the level of living at least beyond the poverty line, for one quarter of the population of the wo… - Prasanta Chandra Mahalanobis

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Without the progress of equality and improvement in the level of living at least beyond the poverty line, for one quarter of the population of the world who live in South Asia, there would be grave repercussions on the rest of the world. The problem of the underdeveloped country is, in one sense, of greater concern to the advanced countries because international rivalries and tensions arise from the desire to establish spheres of influence over underdeveloped areas. The very existence of underdeveloped regions would he therefore a continuing threat to world security, and world peace. A quick transformation of the underdeveloped countries into industrialized economies would reduce the sphere of conflicting interests; and hence decrease the tension between East and West.