Ever since Gunnar Myrdal’s Asian Drama, which castigated India as a “soft state”, western observers, as well as many members of the Nehruvian wing of Macaulay’s children, have failed to understand the anarchical society which has existed in India for millennia. A recent review (Journal of Economic Literature, September 2009) by Lant Pritchett (a former World Bank official in Delhi) of Financial Times’ former India correspondent Edward Luce’s book In...

Despite signs of an economic revival gathering pace around the globe, the millions of people laid off during the worst recession in 70 years are unlikely to see relief any time soon as joblessness is still climbing in many of the world's largest economies. Unemployment data typically lags other indicators of economic health as companies hold off adding staff in the early stages of a rebound. The upturns recorded recently in...

For some time now, the Millennium Development Goals (MDGs) have been the organising framework for the activities of international organisations and donor agencies. It is probably not very useful any more to quarrel about their relative lack of ambition, their limited aims and absence of recognition of the structural causes of poverty and inequality. All that is well known; even so, simply because of their wide acceptance, the MDGs have...

A new international report slams the Indian government for not doing enough to end hunger. It says hunger exists in India because of a lack of purchasing capacity of the poor rather due to insufficiency of food production. Titled “Who’s Really Fighting Hunger”?, (see the link below) the Action Aid report which was released on 16 October, 2009 reveals that in India 30 million people have been added to the...

India ranks 134th out of 182 countries, the same as in 2006, in the 2009 Human Development Report released on Monday. China registers the largest gain in rank, moving up seven places to finish at 92. The United States dropped one place to end at 13. The HDR ranks countries on the Human Development Index (HDI), measuring their progress on three key indicators — education, life expectancy and income measured by...