-IANS The percentage of people living in extreme poverty declined from 52% in 1981 to 22% in 2008 thanks to strong economic growth in the emerging markets of India, Brazil and China, according to a new report. This means that the Millennium Development Goal of cutting extreme poverty in half by 2015 has already been met, US think tank Hudson Institute's Centre for Global Prosperity's (CGP) annual Index of Global Philanthropy and...
More »SEARCH RESULT
Markers and Supermarkets by Sukanta Chaudhuri
Some time ago, newspapers in Britain carried full-page advertisements from the curiously named British Pig Association. This consortium of pig farmers was clamouring publicly that the supermarket chains were squeezing the farmers dry. Alongside them, Britain’s dairy farmers complained that a supermarket cartel was paring down their prices, while production costs went up and up. These farmers too have powerful lobbies; they are still in business. To this end, Britain, like...
More »New Action Programme, and New Name for the Poorest by Jacques N. Couvas
A new 10-year blueprint for assisting the poorest countries on the planet to join the league of the more fortunate ones was approved Friday at the closing of the Fourth U.N. Conference on the Least Developed Countries (LDC-IV) held May 9- 13 here. The Istanbul Programme for Action, a 50-page plan negotiated for a week by heads of state and diplomats from both least developed and economically developed states, contemplates the...
More »UN uses social media to enable donations to feed hungry children
In an effort to encourage individuals to help feed tens of thousands of hungry children across the world, the United Nations World Food Programme (WFP) has created a social media platform through which people can share their favourite meals by making donations to the agency. The Internet portal, WeFeedback, engages supporters through an online “Feedback Calculator” that helps them to work out how many children they could feed if they donated...
More »Dark side of giving: The rise of philanthro-capitalism by Naren Karunakaran
A few years ago, Paul Kagame, president of Rwanda, had a chance meeting with Som Pal, former member of the Planning Commission and earlier minister of state for agriculture, and was bowled over by his sage-like views on developmental issues. The president promptly invited Som Pal to his blighted country to suggest policy measures to get out of a developmental quagmire. Som Pal travelled to Rwanda; he was hosted at...
More »