-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,...

-Outlook Hyderabad: New approaches such as Public Private Partnerships(PPP) and community-based activities would go a long way in maintaining healthy ecosystems and improving livelihoods, a senior World Bank official said here today. Observing that there is not enough public money to invest in the biodiversity needs of the world, Rachel Kyte, World Bank Vice President for Sustainable Development, said new approaches are needed to finance nature conservation efforts. The World Bank has a...

-Outlook Hyderabad: The next generation of biodiversity models across the world could emerge from the knowledge of existing approaches in India, a new United Nations Development Programme report said today. The UNDP report calls for adopting a "landscape approach" to bio-diversity governance which will allow a range of ecosystems and not just the smaller protected parts of it to thrive. On the basis of a detailed review of prevalent bio-diversity management models in...

-Outlook Defending the recent slew of reforms, Union Law Minister Salman Khurshid today said these steps were necessary to maintain a robust growth rate so that there was no dearth of funds for the social sector. "The UPA government had assumed power in the country with the promise of enabling the people to realise their full potential. To fulfil this promise, it was essential to banish what we call the Inspector Raj...

-The United Nations Governments must urgently act to reduce the health and environmental hazards posed by the increase in use of chemicals in industries worldwide, says a United Nations report launched today, which stresses that more sustainable management policies are needed to address this growing risk. Produced by the UN Environment Programme (UNEP), the Global Chemicals Outlook report argues that a shift in the production, use and disposal of chemical products from...