-The Hindu Even as the Reserve Bank of India (RBI) frets over the high rate of inflation and wards off pressures to cut interest rates, it is faced with another challenge. Balance of payments data for the second quarter of 2012-13 show that the current account deficit continues to rise, and has touched a record 5.4 per cent of GDP. Both of these developments that would be considered signs of “overheating”...
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Developing countries experiencing unprecedented growth, says UN report
-The United Nations The rapid growth of developing countries is propelling millions out of poverty on an unprecedented scale and radically reshaping the global system, according to a flagship United Nations report launched today. “The rise of the South is unprecedented in its speed and scale,” says the Human Development Report 2013, which uses the term “South” to mean developing countries and “North” to mean developed nations. “Never in history have the...
More »India, other developing nations drive global economic growth: UN -Arlene Chang
-First Post While the average Human Development Index (HDI) for the region is 0.558, below the world average of 0.693, South Asia saw the highest growth in the index between 2000 and 2012, according to the United Nations Human Development Report 2013. The region registered an annual growth of 1.43 percent in HDI, the highest compared to other regions. It also said that the developing countries as a whole are driving the...
More »The long and short of open defecation-Dean Spears
-The Hindu There is statistical data to show that the height of Indian children is correlated to their and their neighbourhood’s access to toilets You can learn a lot from measuring children’s height. How tall a child has grown by the time she is a few years old is one of the most important indicators of her well-being. This is not because height is important in itself, but because height reflects a...
More »Ending Poverty in UP a Must for World Bank Mission: Kim
-Outlook Lucknow: World Bank Group President Jim Young Kim today said the mission of the multilateral institution was to end poverty, and there is no way in achieving this objective for the country without ending it in Uttar Pradesh. "We have called on two fundamental ideas one is end to poverty... In this generation, we think that we can end the poverty," Kim said in a joint press conference with Chief Minister...
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