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 minister for human resource development, Kapil Sibal, is a man in a hurry. His haste would be welcome, if the government’s proposals for higher education were not so scandalous. Amazingly, despite a few distinguished voices of dissent, there has been no national debate on the United Progressive Alliance government’s plans. Existing state and Central universities, likely to be worst affected by the broom of change, seem reconciled to their...

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...

The trade union leaders say workers will not stop work, but will attend the demonstrations before or after their shifts Millions of workers will be on the streets across India on Wednesday, picketing and holding rallies to protest rising prices and job losses, officials said, though there may be little impact on production. Four major trade unions, including those affiliated with the ruling Congress party and those with the opposition...