-The Guardian International Monetary Fund paper dismisses rightwing argument that redistributing incomes is self-defeating The International Monetary Fund has backed economists who argue that inequality is a drag on growth in a discussion paper that has also dismissed rightwing theories that efforts to redistribute incomes are self-defeating. The Washington-based organisation, which advises governments on sustainable growth, said countries with high levels of inequality suffered lower growth than nations that distributed incomes more evenly. Backing...
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Jagdish N Bhagwati, professor of economics and law at Columbia University interviewed by The Economic Times
-The Economic Times The World Trade Organisation (WTO) has honoured renowned economist and globalisation buff Jagdish N Bhagwati by inducting him into its Hall of Fame. The professor of economics and law at Columbia University, Bhagwati is the author of books as seminal as 'In Defence of Globalisation' and 'The Wind of the Hundred Days: How Washington Mismanaged Globalisation'. He spoke to ET about his decades-long campaign for trade liberalisation, his...
More »Land-grabbing firms beware: cost of ignoring people's rights is rising-Jonathan Glennie
-The Guardian Communities have more hope than ever of seeing off companies trying to acquire their land, with support from media and NGOs A new report on land acquisition by the Munden Project/Rights and Resources Initiative brings an important angle to the land "grab" debate. Rather than focusing on the ethics of land grabbing, the report makes the business case for working with local communities, arguing that failure to inform or fairly...
More »Needless hysterectomies on poor women rampant across India: Study -Malathy Iyer
-The Times of India MUMBAI: Is India witnessing a spurt in unnecessary hysterectomies? Data released by international charity organization Oxfam on February 6 says as much. The agency said that unnecessary hysterectomies were being performed in Indian private hospitals to economically exploit poor women as well as government-run insurance schemes. A right to information (RTI) request filed by one of Oxfam's local NGOs in the Dausa district of Rajasthan showed that 258...
More »Mumbai monolith epitomises need for post-2015 agenda to tackle inequality-Kevin Watkins
-The Guardian Inequity such as that symbolised by Antilla, the world's richest home, thwarts poverty reduction – and policymakers must act If you want a glimpse across the yawning chasm that separates the world's super rich from the ultra poor, there's no better place than Mumbai's Altamount Road. Look up and you'll see Antilla, the world's most expensive home. With spectacular ocean views, swimming and gym facilities, and no fewer than three helipads,...
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