Lowering World Poverty Depends On India

The future of global inequality, in other words, rests on India’s shoulders. To join the global middle class, India must do much better. It must improve infrastructure and education. It must implement good governance and reduce harmful corruption. It must attract foreign investment and make growth a priority. And it must do all this while […]

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Climate Deal To Go Up In Smoke

In December, 196 countries signed an agreement in Lima, Peru, promising to pledge what they can to cut greenhouse gas pollution… To keep these countries on track, the climate change conference agreed that as many nations as possible would submit their proposals before March 31. Most of the world is about to blow past the deadline. […]

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The BRICS Expose the West’s Hypocrisy

Who do they think they are, these upstart economies, Brazil, Russia, India, China and South Africa? That might sum up the feeling in the U.S., Europe and Japan as the BRICS nations consider a new development bank that might challenge the World Bank and International Monetary Fund. The move brings to mind Alice Amsden, the Massachusetts Institute of Technology economist who died last […]

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Asia Century A Lot Of Hot Air

A recent report on the humdrum subject of plans to build new coal-burning plants to generate electricity helps to explain why Asia – led by its rising economic giants, China and India – is at the epicentre of concern about global warming and climate change. Policy makers from nearly all of the world’s countries meet […]

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