-The Business Standard Agreement 'endorsed' by members and being legally vetted but will be part of the main Doha agenda only after a tenuous process After the euphoria over an "Indian victory" at the ninth ministerial meeting of the World Trade Organization (WTO) in Bali, Indonesia, not much has moved on the agreed agenda. The 159 members of the WTO managed to adopt the 'Bali package' after last December's meeting, the global trade...
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Wheat rust: The fungal disease that threatens to destroy the world crop -Christy Chamy
-The Independent Scientists are warning that wheat is facing a serious threat from a fungal disease that could wipe out the world's crop if not quickly contained. Wheat rust, a devastating disease known as the "polio of agriculture", has spread from Africa to South and Central Asia, the Middle East and Europe, with calamitous losses for the world's second most important grain crop, after rice. There is mounting concern at the...
More »The political economy cycle in India-Pramit Bhattacharya
-Live Mint As a democracy matures, citizens become more willing to trust elected representatives to plan and take steps for the long-term growth and development One common complaint during this election has been that the election commission (EC) has to be consulted before the government and its regulatory agencies take any routine decision. Decisions relating to gas price hikes and bank licences all had to be cleared by the EC, whose over...
More »A new hope
-The Business Standard New climate report means big changes to future agreements Two distinct features set the third report of the United Nations Intergovernmental Panel on Climate Change (IPCC) apart from its two earlier instalments. First, even as the report points out that governments have not done enough to curb, let alone reverse, the rise in the emissions of greenhouse gases (GHGs), it does not seek to instil a sense of despair....
More »The weakest link in development lending-Joe Athialy
-The Business Standard Institutions such as World Bank and Asian Development Bank (ADB) are considered the panacea of all ills that developing countries like India face. Although the amount of money these institutions lend is small, their influence on the economy is high. They continue to be the benchmark for social and environmental policies, good governance, climate change, corruption and so on. A look at some of the reports of these...
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