Peruvian economist Hernando de Soto turned classical capitalism on its head with his trickle-up theory: that if you create wealth at the bottom of the pyramid, it will find its way up. de Soto, president of the Institute for Liberty and Democracy, speaks to The Indian Express Editor-in-Chief Shekhar Gupta on NDTV’s Walk the Talk on the need for the poor to be able to participate in the global economy...
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Rust in the bread basket
A crop-killing fungus is spreading out of Africa towards the world’s great wheat-growing areas IT IS sometimes called the “polio of agriculture”: a terrifying but almost forgotten disease. Wheat rust is not just back after a 50-year absence, but spreading in new and scary forms. In some ways it is worse than child-crippling polio, still lingering in parts of Nigeria. Wheat rust has spread silently and speedily by 5,000 miles in...
More »Three firms rank highest on access to poor by Donald G. Mcneil Jr
GlaxoSmithKline, Merck and Novartis have taken the top three spots again on the Access to Medicine Index, which ranks pharmaceutical companies on how readily they make their products available to the world's poor. It was the second time the rankings, which were created in 2008, have been issued. This time, 95 per cent of the brand-name companies approached by the Dutch foundation that started the index agreed to provide information;...
More »Bill Gates bigger funder of WHO than US govt? by Rema Nagarajan
In most organisations, those who are the biggest funders are also the ones with the biggest say in their running. In the case of the World Health Organisation (WHO), on the face of it, there seem to be two entities making the biggest voluntary contributions, the US government and the Bill and Melinda Gates Foundation. But a closer look at the list of voluntary contributors suggests that the Gates Foundation...
More »India embroiled in bitterly contested GM debate by Chris Morris
In the cotton fields of Vidarbha in central India, grief is a constant companion. Wherever you turn, there are heart-breaking stories of suicide. In the village of Mangi, friends and family are preparing the body of Laxman Tekam for burial. Women are wailing and men have tears streaming down their cheeks. Laxman was a cotton farmer who hanged himself from the roof beam of his small house after his debts...
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