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The Real Winners and Losers of Globalization -Branko Milanovic

-The World Bank It is generally thought that two groups are the big winners of the past two decades of globalization: the very rich, and the middle classes of emerging market economies. The statistical evidence for this has been cobbled together from a number of disparate sources. The evidence includes high GDP growth in emerging market economies, strong income gains recorded for those at the top of the income pyramid in the...

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Show 'em the money -Josy Joseph

-The Times of India Crest Cash transfers have been described as the world's favourite new anti-poverty device. As India gets set to implement it, TOI-Crest finds out if the politics will ever be divorced from the cash The UPA government's ambitious plan to introduce direct cash transfers (DCT) by January 1, 2013 reflects both the political desperation of a beleaguered government and the urgent need to reform India's inefficient and corrupt public...

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World Bank fears devastating 4.0 degree warming

-Agence France-Presse Washington: The World Bank warned on Sunday that global temperatures could rise by four degrees this century without immediate action, with potentially devastating consequences for coastal cities and the poor. Issuing a call for action, the World Bank tied the future wealth of the planet -- and especially developing regions -- to immediate efforts to cut greenhouse gas emissions from sources such as energy production. "The time is very, very short....

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‘Illiteracy’ rap on India -Basant Kumar Mohanty

-The Telegraph India’s education system is marked by poor quality and produces “functional illiterates”, the chief of a UN body told The Telegraph here today. “India has made a lot of progress in achieving education for all, but what kind of education is being imparted and whether there are adequate teachers are issues of concern. The result is functional illiteracy,” Unesco director-general Irina Bokova said on the sidelines of a conference by...

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Kapil Sibal to engage global leaders on multistakeholder governance of Internet -Shalini Singh

-The Hindu Governments, industry, civil society meetin Azerbaijan to discuss future of Internet India has decided to take a decisive stand on Internet governance at a conference being hosted in Baku, Azerbaijan, from November 6-9. An indication of the importance that India accords to the global dialogue on Internet governance is evident from the fact that Telecom Minister Kapil Sibal is himself leading the government delegation, which will include senior officials like...

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