At the edge of Killai, a village on India’s southeast coast, there is a collection of 163 concrete houses, single-story blocks set in neat rows and surrounded by open fields. This is the neighborhood of M.G.R. Nagar, named after M.G. Ramachandran, a much-beloved actor and former chief minister in the state of Tamil Nadu. M.G.R. Nagar was built by aid agencies after the 2004 tsunami. It is home to around 300...

Spewing summit The Copenhagen summit will generate more carbon emissions than any previous climate conference, equivalent to the annual output by 2,300 Americans or 660,000 Ethiopians. Delegates, journalists, activists and observers from almost 200 countries have gathered at the December 7-18 summit and their travel and work will create 46,200 tonnes of CO2, most of it from their flights to Copenhagen. This would fill nearly 10,000 Olympic swimming pools. The calculation includes...

Paul A. Samuelson, the first American Nobel laureate in economics and the foremost academic economist of the 20th century, died Sunday at his home in Belmont, Mass. He was 94. His death was announced by the Massachusetts Institute of Technology, which Samuelson helped build into one of the world’s great centres of graduate education in economics. In receiving the Nobel Prize in 1970, Samuelson was credited with transforming his discipline...

Corporate governance codes work only where firms believe working in a legal, ethical and transparent fashion also means good business. It is not in dispute that good corporate governance is all about commitment of a company to run its businesses in a legal, ethical and transparent manner, and that the tone must be set at the top. But are companies in India convinced that good business is all about good corporate...

Paul A. Samuelson, the first American Nobel laureate in economics and the foremost academic economist of the 20th century, died Sunday at his home in Belmont, Mass. He was 94. His death was announced by the Massachusetts Institute of Technology, which Samuelson helped build into one of the world’s great centres of graduate education in economics. In receiving the Nobel Prize in 1970, Samuelson was credited with transforming his discipline from...