-Reuters Chinese and Russian firms are the most likely to pay bribes while operating abroad, and the most corrupt sectors are public works contracts and construction, according to Transparency International's latest "Bribe Payers' index". China and Russia rank bottom, in 27th and 28th place respectively, in the 2011 index released on Wednesday, while the Dutch, Swiss, Belgians, Germans and Japanese get the top scores. Britain and the United States rank eighth and...
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Jobs crisis could spark unrest: ILO by Larry Elliott
Coming months ‘crucial' The International Labour Organisation has warned that a jobs crisis caused by the slowdown in the global economy threatens a wave of widespread social unrest engulfing both rich and poor countries. Highlighting the darkening prospects for employment, the Geneva-based ILO said policymakers were running out of time to head off a double-dip recession in labour markets. “We have reached the moment of truth,” said Raymond Torres, director of the...
More »Steady rise in HDI value but not fast enough to pull all of India up
-Express News Service The Human Development Report (HDR), 2011 released today has ranked India at 134th among 187 countries in the Human Development Index (HDI). With an HDI value of 0.547 — where 1 is the highest and zero lowest — India fares worse than the average global value of 0.682, and compares with the HDI value of 0.548 for the South Asian region. Norway sits on top of the pile. India has,...
More »Gender bias: Only Afghanistan fares worse than India in South Asia by Rukmini Shrinivasan
India's abysmal gender inequality statistics seem to have taken a turn for the worse. New data shows the country's Gender Inequality Index (GII) worsened between 2008 and 2011, and India now ranks 129 out of 146 countries on the GII, better only than Afghanistan in south Asia. On the Human Development Index (HDI), India ranks 134 out of 187 countries. When inequality is factored in, it experiences a 30% drop in...
More »BASIC countries show united front by Ananth Krishnan
India, China, Brazil and South Africa — the BASIC group of developing countries — on Tuesday sought to bridge their differences and strike a common position ahead of this month's climate change conference in Durban, calling on the West to ensure the extension of the Kyoto Protocol as well as step up financial and technological assistance to developing countries. The Durban conference, they said in a joint statement, “should achieve a...
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