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Total Matching Records found : 162

Rich Economy, Poor Management -Pranab Bardhan

-Outlook Don’t blame globalization for inequality – but rather policies hijacked by a few Economic globalization in the sense of expansion of foreign trade and investment is, of course, somewhat anaemic, reflecting the impact of global recession, although still vigorous in the sense of continuous international transmission of technology, information, ideas and social media. But in the world of politics and policymaking a cold wind is blowing, dimming earlier enthusiasm for global...

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That's rich! Starbucks paying staff 25p an hour in new Indian cafes-Nick Owens and Gethin Chamberlain

-Mirror News Tax row coffee chain pays 'poverty wages' despite making £222 million profit in three months TAX row coffee chain Starbucks is paying workers just 25p an hour at its newly-opened stores in India. The pittance falls far below the country’s official living wage and means some staff earn less in a day than the price of the ­cheapest cup of Starbucks coffee in the UK. Details of the wages emerged as the...

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Roots of inequality -Divya Trivedi

-The Hindu In forestry jobs equal pay is still a distant dream for women Women are preferred by the forestry staff and contractors for certain forestry operations, like nursery work, transplanting and tendu leaf collection. The work is either contracted on a daily wage-rate or a piece-rate basis. However, women often get lower wages than men for similar work, are not paid regularly and are subjected to harassment if they complain. In a...

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True Progressivism

-The Economist A new form of radical centrist politics is needed to tackle inequality without hurting economic growth BY THE end of the 19th century, the first age of globalisation and a spate of new inventions had transformed the world economy. But the “Gilded Age” was also a famously unequal one, with America’s robber barons and Europe’s “Downton Abbey” classes amassing huge wealth: the concept of “conspicuous consumption” dates back to 1899....

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Economies will perform better with more even income distribution–UN report

-The United Nations A new United Nations report advocates that governments use fiscal and labour market policies to reduce income inequality, maintaining that this not only leads to social benefits but will spur economic growth and development. Produced by the UN Conference on Trade and Development (UNCTAD), the Trade and Development Report 2012 says that recent experience, especially in Latin America and other developing countries, suggests that progressive taxation and rising public...

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