In the gathering gloom of slowing growth and political drift, comes some good news to brighten up the festival season. The latest Human Development Report, released today, shows that “inclusive growth” — the mantra of the entire political establishment — may not be just a mere slogan. Socially and economically weaker sections, like Scheduled Castes, Scheduled Tribes and Muslims, are finally catching up with the rest of the country on important...
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Fortifying our future by Kalpana Kochhar
-The Hindustan Times The World Bank and International Monetary Fund just concluded their annual meetings in Washington. At an event on nutrition in South Asia, the evidence presented was clear and astonishing. On the one hand, South Asia has experienced robust economic growth averaging 6% a year over the past 20 years. On the other hand, the region continues to have unacceptably high rates of malnutrition with Bangladesh and India having...
More »UN study shows murder rates highest in parts of Americas and Africa
-The United Nations Young men in Central and South America and Southern and Central Africa are most at risk of being killed in cases of homicide, while women face an increased likelihood of being murdered in domestic violence, the United Nations Office on Drugs and Crime (UNODC) said in a report unveiled today. Evidence points to rising homicide rates in Central America and the Caribbean, which are “near crisis point,” according to...
More »Redistribution is not inclusion growth by Arvind Panagriya
Only in India does redistribution, which keeps the poor and marginalised out of the mainstream of the economy, pass for inclusive growth. In much of the rest of the world, inclusive growth would mean giving the poor and marginalised a direct stake in the economy with fast-growing industries and services absorbing them into gainful employment and, thus, making them true participants and partners in the growth process. But in India, we...
More »Potential Vaccine Halves Malaria Risk for Children by Elizabeth Whitman
In a major breakthrough Tuesday, researchers announced that the vaccine candidate RTS,S reduces the risk of malaria by half in children ages five to 17 months, first results from a continuing phase three trial showed. The results have tremendous implications, as malaria is responsible for nearly 800,000 deaths annually. The disease kills one child every 45 seconds in Africa, where it accounts for approximately 20 percent of childhood deaths, according to...
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