-The Economic Times Extreme poverty afflicts more than one in five people, according to the World Bank. The institution's new president, Jim Yong Kim, speaks of the need to "bend the arc of history in order to eliminate extreme poverty and achieve shared prosperity". At a time when his bank's resources as well as the budgetary resources of governments are limited, Brazil offers important lessons on how to eliminate extreme poverty and...
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Singapore stands tall against US in balancing growth with social and economic equity -Joseph Stiglitz
-The New York Times Inequality has been rising in most countries around the world, but it has played out in different ways across countries and regions. The US, it is increasingly recognised, has the sad distinction of being the most unequal advanced country. Singapore, meanwhile, has had the distinction of having prioritised social and economic equity while achieving very high rates of growth over the past 30 years: an example par excellence...
More »Developing countries experiencing unprecedented growth, says UN report
-The United Nations The rapid growth of developing countries is propelling millions out of poverty on an unprecedented scale and radically reshaping the global system, according to a flagship United Nations report launched today. “The rise of the South is unprecedented in its speed and scale,” says the Human Development Report 2013, which uses the term “South” to mean developing countries and “North” to mean developed nations. “Never in history have the...
More »UN report reiterates a public secret: India is worse than Pak for women -Arlene Chang
-First Post Along with its dismal Human Development Index (HDI), India also has a very poor Gender Inequality Index, which is among the worst in the world, according to the latest UN Human Development Report released on Thursday. Except Afghanistan which stood at a rank of 147 compared to India’s 132, all countries in the South Asia region and also China were ranked way higher than it on the Gender Inequality Index,...
More »Ajay Chhibber, Regional Director of the UNDP interviewed by Arlene Chang
-First Post In an interview with Firstpost, Ajay Chhibber, Regional Director of the UNDP, tells us why India ranks low on the Human Development Index, below China, Sri Lanka and Iran, what we need to do to improve our standing and why welfare schemes are not to be blamed for poor growth or inflation. Excerpts from the interview: * Why does India lag other BRIC countries in the HDI ratings? Compared to the other...
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