-Outlook Nobel laureate Joseph E. Stiglitz is one of the world’s leading economists. A former chief economist at the World Bank and currently University Professor at the Columbia Business School, he was recently in India to attend an international conference on development and to promote his new book, The Price of Inequality. He spoke to Pranay Sharma about growing inequality in the world and the challenges facing India. Excerpts: * Your coinage,...

-AFP NURJAHANPALLY: When Mahatma Gandhi took up the baton for home-grown cotton a century ago, he may not have realised the devastating impact its cultivation would have on the land he so loved. Cotton is a thirsty plant and parts of the country are drought-prone. But the intensive farming process for cotton leaches the soil and requires high pesticide and fertiliser use that pollutes further downstream. Now in Warangal, dotted with statues to...

Rising corn prices in the United States brought about by biofuel mandates have cost developing countries 6.6 billion dollars over the past six years, says a study by Global Development And Environment Institute at Tufts University (GDAE).  Net Food Importing developing countries, among the most vulnerable to food price increases, incurred ethanol-related costs of $2.1 billion, the study concludes. (See highlights and the links below). The recent spike in world food prices...

-The Indian Express After QS and Times Higher Education published their rankings of universities across the world, higher education has become the subject of fierce debate in India. The highest ranking institutions from India are the IITs, but even these do not figure in the top 200. The general refrain — why does no Indian university find a place among the top global universities? Unfortunately, given our present policies on higher education...

-Outlook Could scientists have got the impacts of climate change on food supply wildly wrong? I believe we might have made a mistake: a mistake whose consequences, if I am right, would be hard to overstate. I think the forecasts for world food production could be entirely wrong. Food prices are rising again, partly because of the damage done to crops in the northern hemisphere by ferocious weather. In the US, Russia...