-Live Mint     As a democracy matures, citizens become more willing to trust elected representatives to plan and take steps for the long-term growth and development One common complaint during this election has been that the election commission (EC) has to be consulted before the government and its regulatory agencies take any routine decision. Decisions relating to gas price hikes and bank licences all had to be cleared by the EC, whose over...

-The Telegraph   New Delhi: An international panel today warned that the world hadn't done enough to curb greenhouse gas emissions but said that changes in lifestyles and energy technologies could yet help avert the most devastating impacts of global warming. The Intergovernmental Panel on Climate Change (IPCC), in a report released in Berlin, said greenhouse gas emissions had climbed to unprecedented levels over the past decade despite emission-curbing policies and actions by...

-The Hindu   Ideological labels are likely to mislead by channelling the debate into issues of capitalism and socialism and detract from the real problem George Santayana said: "Those who cannot remember the past are condemned to repeat it." Having forgotten the license-permit-quota-raj that enveloped us from 1950 to 1980 and its ‘crony socialism,' many intellectuals, mediapersons and politicians have now discovered ‘crony capitalism.' The license raj consisted of stifling controls imposed on...

-The Business Standard Associates say Bose always tried to make complex things simple and understandable Finding out the essence is more important than getting lost in statistical jugglery" is what Ashish Bose, the country's foremost demographer, who passed away on Monday, once told Amitabh Kundu, his friend and professor of economics at Jawaharlal Nehru University. Kundu's description perhaps summarises the personality of Bose, best known for coining the term BIMARU (in a paper...

It seems that a long-drawn-out battle among economists about economic growth trickling down into development has found some solid answer. A recent paper published in the Lancet Global Health journal (April, 2014), which has been jointly written by a team of experts based on evidence from 121 Demographic and Health Surveys from 36 low-income and middle-income countries shows that there exists little or no association between increases in per capita...