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Grameen founder Muhammad Yunus in Bangladesh aid probe by Ethirajan Anbarasan

Norway says it is examining reports that Nobel Peace Laureate Muhammad Yunus allegedly diverted millions of dollars of aid money from a bank. International Development Minister Erik Solheim said that it was "totally unacceptable that aid is used for other purposes than intended". A documentary maker has alleged that cash was diverted from Professor Yunus' Grameen Bank to other parts of Grameen. In a statement, the bank said that the allegations were false. It...

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Understanding the Puzzling Nature of Poverty by Akash Kapur

Rahul Gandhi, the general secretary of India’s Congress party, often says that there exist “two Indias” — one of the rich, and one of the poor. Those two Indias were in evidence a couple of weeks ago, when closely timed events on opposite sides of the planet brought into relief the deep divides that in many ways define this country. In Mumbai on Nov. 7, President Barack Obama told a group of...

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Hunger alarm by TK Rajalakshmi

The Global Hunger Index report paints a gloomy picture of South Asia and Sub-Saharan Africa. WITH the deadline for achieving the Millennium Development Goals just five years away, the 2010 Global Hunger Index report prepared by the International Food Policy Research Institute (IFPRI) paints a gloomy picture of South Asia and Sub-Saharan Africa. Some 29 countries in these regions, it says, have levels of hunger that are alarming or extremely alarming....

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Assessing development

Twenty years is a good enough time to assess how countries of the world, irrespective of the economic or political system they follow, have performed in promoting human development. Successive Human Development Reports (HDR), since 1990, have mainstreamed health and education as critical indicators of human progress and contributed to international policy structures. For instance, the Millennium Development Goals, aimed at using international financial resources to reduce global poverty, can...

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India's poor development record by Subir Roy

The latest Human Development Report, or HDR, (2010), marking its 20th anniversary, is both remarkable and useful. Remarkable because it brims with intellectual confidence, born out of a sense of vindication over the “conceptual brilliance and continued relevance” of Mahbub ul-Huq’s original human development paradigm set out in the first sentence of the 1990 report — “People are the real wealth of nations.” The idea of human development, which, through...

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