Did we just miss a major opportunity? For short while, it seemed that the global financial crisis would focus minds on what is wrong with the current economic growth model and how we can go about changing it. Unfortunately, that moment seems to have passed, at least until the next crisis comes along (which, in current trends, will not be long, since all the major forces that led to the...

The details of agreements signed by governments with private organisations to execute projects can no longer be kept secret, the Central Information Commission (CIC) has ruled. If a right to information (RTI) application is moved seeking the relevant information, it will have to be provided. The decision is likely to have far-reaching and potentially damaging implications as private companies may well shy away from such close scrutiny of their financial...

WASHINGTON, September 15, 2009–Developing countries can shift to lower-carbon paths while promoting development and reducing poverty, but this depends on financial and technical assistance from high-income countries, says a new World Bank report released today. High-income countries also need to act quickly to reduce their carbon footprints and boost development of alternative energy sources to help tackle the problem of climate change. World Development Report 2010: Development and Climate Change,...

The Prime Minister’s Independence Day address to the nation was particularly disappointing this year. The Prime Minister has said, yet again, that "the country needs another Green Revolution". But what’s distressing is that his government has not even formulated a draft strategy for such a revolution in the last five years, let alone launch it. Why? Largely because the agriculture minister has not shown the slightest interest in a "Second...

The private sector uses bribes to influence public policy, laws and regulations, believe over half of those polled for 2009 Global Corruption Barometer. The Barometer, a global public opinion survey released today by Transparency International (TI), also found that half of respondents expressed a willingness to pay a premium to buy from corruption-free companies. “These results show a public sobered by a financial crisis precipitated by weak regulations and a...