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Rise in global inequality

-The Hindu The findings from the latest International Labour Organisation report on real wages point to a mix of proactive initiatives and policy paralysis in different contexts. The study notes that continuing deceleration in the growth of global real wages and discriminatory pay gaps based on gender and nationality could sharpen household income inequalities. A most striking finding is that labour productivity growth outstripped increases in real wage between 1999 and...

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Debating the ‘right to die’ -Faizan Mustafa

-The Hindu Attempt to commit suicide should stay on the statute book because suicide comes in conflict with the monopolistic power of the state to take away life You choose your country, you choose your spouse, you choose your profession, you choose your political masters, and you choose where you want to live and how. Die you must. But how to die and when: should that be a matter of choice as...

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India third on black money list: report

-PTI Global Financial Integrity puts the cumulative illicit money moving out of the country at Rs 28 lakh crore in 10 years Washington: As India continues its pursuit of suspected black money stashed abroad, an international think-tank has ranked the country third globally with an estimated USD 94.76 billion (nearly Rs 6 lakh crore) illicit wealth outflows in 2012. As a result, the cumulative illicit money moving out of the country over a...

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Developing countries object, climate talks flounder -Amitabh Sinha

-The Indian Express Lima: The climate talks at Lima were on the brink of collapse on Saturday after two attempts to push through watered-down proposals were rejected by developing countries, forcing the head of negotiations to summon the delegates for an extra day of work. The two-week-long negotiations were supposed to have ended on Friday evening with a decision on the kind of climate actions that countries could take in order to...

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Pranab Bardhan, emeritus professor of economics at the University of California at Berkeley interviewed by Pramit Bhattacharya

-Livemint The development economist on the Modi government's initiatives and his stand on them, and MGNREGS The Narendra Modi-led government should consider replacing inefficient subsidies with a basic monthly income for all citizens, says Pranab Bardhan , emeritus professor of economics at the University of California at Berkeley. Bardhan, who recently sparred with economists Jagdish Bhagwati and Arvind Panagariya in a debate over the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS),...

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