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Rural Industrialisation as the ‘Mahayana’ of International Cooperation: A World Waiting to be Born by Saurabh Kumar

The following piece was written for the UNIDO’s General Conference that took place in Vienna this month but could not be carried by any of the international papers because of a slight delay, although some feel its contents may not be ideologically palatable to them. Hence it is being carried here for the benefit of our readers. —Editor A highly positive sum game awaits the community of nations if an internationally...

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Of money, greed and risk-loving CEOs by Jayati Ghosh

This has been quite a decade for global corporate leaders, volatile not only in terms of their actual fortunes, but even more so with respect to the shifting perceptions of society. When the decade began, large corporations and those at their helm were at the peak of their power, flush with riches delivered by the dotcom boom in the US economy as well as the vast opportunities created by easier...

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Rebound in India Leaves Some to Struggle by Heather Timmons

When the Indian government met the largest economic crisis the world has faced in nearly 80 years with tax cuts, aid for rural workers and interest rate cuts, critics said it was not enough. Now, though, it looks as if the policy makers may have offered too much. India’s $1 trillion economy, largely insulated from the global crisis by low reliance on exports and a heavily regulated banking system, has exceeded expectations...

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FAO panel on food security to be reformed by Gargi Parsai

Faced with rising world hunger and “unacceptable” poverty, members of the Food and Agriculture Organisation Committee on World Food Security (CFS) have agreed on a wide-ranging reform, the FAO announced on Tuesday. The reform aims at making the CFS an “inclusive” international and intergovernmental platform dealing with food security and nutrition, and its being a central component in the evolving global partnership for agriculture, food security and nutrition. In addition...

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THE FUTURE ISN’T GREEN by SL Rao

Energy security is a major objective of all countries. Some are proactive and aggressive in this pursuit, like China; others like India are slow and procrastinate on major decisions and allow hope to overtake realistic assessments. This makes energy security in the foreseeable future an uncertain goal for India. Any discussion of energy security must keep in mind the Indian realities. Although in overall terms of commercial energy use to...

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