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...

If a country’s national income is rising, someone in the country must be getting richer. Unless income distribution is changing, all income classes must get richer at about the same pace. If a constant standard of living is defined to classify everyone below it as poor, then as incomes rise, the proportion of the poor so defined must shrink, eventually to zero. If income grows 5 per cent a year...

As the 6-year-old son in an upper-class Brahmin family, Bindeshwar Pathak wanted to know what would happen if he touched a scavenger, one of India's "untouchables," stuck at the bottom of the country's social order and fated to collect and dispose of human waste. When he did, his grandmother punished him by forcing him to swallow cow dung and urine, and making him bathe in water from the Ganges. "This...

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...

A food security law will be meaningful only if it is based on universal food provision and ensures that every citizen’s nutritional needs are met. At an outlet of the public distribution system in Erode, Tamil Nadu. States such as Kerala, Tamil Nadu and Andhra Pradesh have defined BPL in such an inclusive way that the vast majority of the population is included, which makes their food distribution schemes...