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Financial crisis threatens to set back education worldwide, UNESCO report warns

The aftershock of the global financial crisis threatens to deprive millions of children in the world’s poorest countries of an education, the 2010 Education for All Global Monitoring Report warns. With 72 million children still out of school, a combination of slower economic growth, rising poverty and budget pressures could erode the gains of the past decade. “While rich countries nurture their economic recovery, many poor countries face the imminent prospect...

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Unwarranted optimism by Jayati Ghosh

Without policy efforts to deal specifically with issues such as reduced incomes and unemployment, the global economic crisis will be far from over. FOR most economic commentators, 2010 begins on an optimistic note. Just a year ago, there was much gloom about the world economy. The worst financial crisis since the Great Depression had broken out in full fury; asset markets in the United States, Europe and then most developing...

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Economy will recover by Arjun Sengupta

The Indian economy should recover from the recession caused by the global meltdown. India’s exposure to the world economy is quite limited. It is mainly through the exports market and partly through foreign investment flows either as equity or debt capital that financed private investment. The extent of the dependence, however, is quite low. The recession in the exports market affects only few sectors, such as textile and labour-intensive manufactures...

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Copenhagen: seize the chance

Today 56 newspapers in 45 countries take the unprecedented step of speaking with one voice through a common editorial. We do so because humanity faces a profound emergency. Unless we combine to take decisive action, climate change will ravage our planet, and with it our prosperity and security. The dangers have been becoming apparent for a generation. Now the facts have started to speak: 11 of the past 14 years...

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Blockade & Oppression of Dalits in MP

People of dalit communities in the Gadarwara sub-division of district Narsinghpur in Madhya Pradesh are on the brink of starvation as they are facing harassment, economic sanctions and social boycott because they have refused to remove animal carcasses. A fact finding team of civil society organisations says that dalits at many places have been ‘imprisoned’ in their own houses as all entry and exit points have been blocked by the...

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