While higher income levels mean countries have more money to improve women's health, ultimately it comes down to how governments decide to spend the money We know that economic growth and human development do not always go hand in hand, as evidenced by the very different position of countries in per capita GDP rankings compared with human development rankings. But the link between health conditions and economic growth is usually thought...
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What’s Wrong and Right with Microfinance by David Hulme and Thankom Arun
Recent events in south Asia have led to an unexpected reversal in the narrative of microfinance, long presented as a development success. Despite charges of poor treatment of clients, exaggeration of the impact on the poorest as well as the risks of credit bubbles, the sector can play a non-negligible role in reaching financial services to low-income households. In regulating the sector, there is need for caution in setting interest...
More »High spending on medicines, health to push Indians into poverty, says WHO
-The Hindu High spending on medicines and health will push many Indians below the poverty line, the World Health Organisation has cautioned. “Due to the out-of-pocket spending of their income on medicines and healthcare services, about 3.2 per cent of India's population will come below the poverty line,” a senior WHO official said at a meet organised by the Delhi Society for Promotion of Rational Use of Drugs (DSPRUD) and WHO on...
More »Putting Growth In Its Place by Jean Dreze and Amartya Sen
It has to be but a means to development, not an end in itself Is India doing marvellously well, or is it failing terribly? Depending on whom you speak to, you could pick up either of those answers with some frequency. One story, very popular among a minority but a large enough group—of Indians who are doing very well (and among the media that cater largely to them)—runs something like...
More »A wake-up call
-The Business Standard Latest HDR a poor report card for India The good news from the Human Development Report, or HDR, for 2011 is that India’s rank – 134 out of 187 – has remained unchanged. If we look at countries relevant to India – fellow BRICS members (Brazil, Russia, China and South Africa) and India’s neighbours (Bangladesh, Pakistan and Sri Lanka) – four have held their positions and three countries have...
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