Recent events in south Asia have led to an unexpected reversal in the narrative of microfinance, long presented as a development success. Despite charges of poor treatment of clients, exaggeration of the impact on the poorest as well as the risks of credit bubbles, the sector can play a non-negligible role in reaching financial services to low-income households. In regulating the sector, there is need for caution in setting interest...

An unprecedented economic growth during the last decade has also seen increasing malnutrition, hunger and starvation amongst certain sections of society. India ranks 66 in the Food and Agriculture Organisation’s (FAO’s) World Hunger Index of 88 countries (Inter-national Food Policy Research Institute). More than 200 million people in this country are denied the right to food. One-third of all underweight children (57 million) in the world due to lack of...

-Daily Maverick Laws governing citizens’ to know what is happening in their governments have become commonplace over the past decade. But it’s not just South Africans who dread the lack of transparency: a new report from the Associated Press suggests that more than half the countries with “Right to Know” laws do not actually follow them.  In January AP set about testing the efficacy of freedom of information laws in 105 countries...

The annual report of the International Institute for Labour Studies projects a grim future for employment prospects. WITH the United States and much of Europe grappling with the slowdown in their economies and the resultant social unrest, the publication of the World of Work Report 2011: Making Markets Work for Jobs could not have come at a more opportune moment. Brought out by the International Institute for Labour Studies, which was...

Child malnutrition in Gulbarga and Bijapur districts is a blot on Karnataka's image. Ba Ba Basavanna Anganwadi Hogona Avarekaalu Tinnona Ah, Aaa, Ee, Eee, Bariyona Mane Kadege Hogona (Come, Come, Basavanna Let's go to the anganwadi Let us eat beans And write A, B, C, D, And head towards home.) As Savitri Nimbad sings this ditty, the more than 20 children seated in a circle around her repeat each line in shrill voices. Almost all of them are between three and...