Demonstrates very high levels of social capital, but overall ranking brought down by low levels of education, internal security and health LONDON, October 26, 2009 – The third edition of the Legatum Prosperity Index, published on 26 October, 2009 ranks 104 countries (covering 90% of the world’s population), based on a definition of prosperity that combines economic growth together with measures of happiness and quality of life. According to this year’s Legatum...

The United Nations on 23 October, 2009 took a step towards helping the billion people around the world suffering from hunger achieve access to adequate food with the publication of a ‘how-to’ guide providing the tools for governments, institutions and civil society to assert this basic human right. The Food and Agricultural Organization (FAO) has released a comprehensive six-volume set of guidelines, which it calls a “toolbox,” containing hands-on advice...

The philosophy of self-aggrandisement defies social logic. Seven leading banks in the United States of America had last year incurred an aggregate loss of $82 billion; the chief executive officers of these banks nonetheless claimed and collected annual bonus to the extent of $38 billion. The economy might lie in ruins; that did not distract sharks from zooming in on their prey. Our corporate sector has shaped itself in the...

More suggestions that biofuels are not an environmental free lunch ONCE upon a time, biofuels were thought of as a solution to fossil-fuel dependence. Now they are widely seen as a boondoggle to agribusiness that hurts the environment and cheats taxpayers. A report commissioned by the United Nations endorses neither extreme. It gives high marks to some crop-based fuels and lambasts others. Meanwhile, two papers published in Science, a leading...

The United Nations’ Human Development Report of 2009 paints an idyllic picture of migrations. THE recently released United Nations Development Report-2009, titled “Overcoming Barriers: Human Mobility and Development”, presents a strong case for governments all over the world to encourage human mobility. Migrations, including those of low-skilled workforce, pay dividends all round, the report says. However, it does not quite attempt to seriously understand why people migrate, sometimes subjecting themselves...