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What is the difference between poverty in the developing world and in developed regions, such as Hong Kong?

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Discussion thread: Poverty, Social Disadvantage, and Social Protection
daylight
10 August 2021
What is the difference between poverty in the developing world and in developed regions, such as Hong Kong?

What is the difference between poverty in the developing world and in developed regions, such as Hong Kong?

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flushed@gmail.com
10 August 2021

Not at all.

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daylight@hotmail.com
10 August 2021

Thank you so much for the kind assistance.

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flushed@gmail.com
10 August 2021

Poverty in the developing world is more associated with the underdevelopment of industrial capitalism. In contrast, the new poverty in advanced cities is induced by developing a new phase of capitalism that goes beyond industrial capitalism and emphasizes the role of knowledge, information, global networks and global finance for capital accumulation and profit generation. You may find the article "Social Polarisation and Poverty in the Global City: The Case of Hong Kong" for more details.

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