-The Economic Times If there are two statistics that summarise a nation's overall well-being, these are the infant mortality rate (IMR) and the maternal mortality rate (MMR). India has registered remarkable progress on both fronts over the last decade. IMR has declined 28% from 58 in 2004 to 42 in 2012. MMR has come down 36% from 280 in 2005 to 178 in 2012. The decline has been more spectacular in some...
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Little or no association between economic growth and child nutrition
It seems that a long-drawn-out battle among economists about economic growth trickling down into development has found some solid answer. A recent paper published in the Lancet Global Health journal (April, 2014), which has been jointly written by a team of experts based on evidence from 121 Demographic and Health Surveys from 36 low-income and middle-income countries shows that there exists little or no association between increases in per capita...
More »Growth is not a victim of the UPA, it is the other way round -Maitreesh Ghatak and Parikshit Ghosh
-The Hindustan Times If the opinion polls are to be believed, the UPA is facing a rout in the coming Lok Sabha elections. One explanation, popular in the media, goes something like this: The UPA faces voter wrath because it destroyed growth. The economy has paid a price for bad governance and expensive welfare schemes. If you look at data for the last two years, this view will find some support....
More »Economic growth has done little to reduce child under-nutrition -Vani Manocha
-Down to Earth Data taken from 121 health surveys and 36 countries has been analysed Economic growth has little or no effect on the nutritional status of the world's poorest children, finds a study jointly conducted by various organisations. The study was based on child growth patterns in 36 developing countries and has found that economic growth in these countries was associated with small or no declines in stunting, underweight, and wasting-all signs...
More »IMF study finds inequality is damaging to economic growth-Phillip Inman
-The Guardian International Monetary Fund paper dismisses rightwing argument that redistributing incomes is self-defeating The International Monetary Fund has backed economists who argue that inequality is a drag on growth in a discussion paper that has also dismissed rightwing theories that efforts to redistribute incomes are self-defeating. The Washington-based organisation, which advises governments on sustainable growth, said countries with high levels of inequality suffered lower growth than nations that distributed incomes more evenly. Backing...
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