The Policy Monitor
The battle against global poverty has been going on for decades now and has been a topic of debate amongst various personalities including politicians and celebrities. Yet, as we all know, the problem remains. The book, ‘Poor Economics’ by Abhijit V. Banerjee and Esther Duflo, tries to explain a few reasons as to why the problem seems to be ubiquitous, especially in third world countries.
A prosperous society, that can support general affluence for EVERY citizen, is achievable because, fortunately, in the near term, we can begin to grow our way out of the lingering, if not swelling unemployment and underemployment by increasing our investment significantly as a ratio of Gross Domestic Product (GDP) resulting in double-digit growth, while simultaneously broadening private, individual ownership of future income-producing productive capital investments, thus initiating the process of empowering EVERY child, woman, and man to build, over time, a viable capital wealth estate and reap the income generated.
Rural demography and its realities have been studied in India, from two broad lenses – the first one, which evaluates the economic parameters of the agrarian society and the others, being sociologists, who were keen to study inter-caste dynamics and family relations.
Many researchers, in the past, have investigated the underlining relationship between
hierarchies and productivity in organizations. I am particularly interested in how hierarchies
play their part in Government set-ups and if at all it enhances or negatively affects
productivity.
The photograph clicked by the seasoned climber Nirmal Purja has dismayed the social media by showing the line of brightly dressed climbers on 28,000- foot Cornice Traverse, a knife-edge ridge. Earlier climbing Mount Everest was much less attempted but today at any given time we can witness many climbers reaching the summit when the weather is favourable
This will necessarily entail a discussion of how the system is structured, as the policies and rules make a big difference in whether or not EVERY citizen has an equal opportunity to succeed. At the core of the problem are barriers that inhibit or prevent ordinary people from succeeding.
he average age of India’s population in 2020 will be 28 years and India would be the homeland to the largest working population and yet the fear grasps our imagination whether we will miss our demographic dividend!
Actors, in any society, who share similar interests, bond together and after holding considerable representation, power and wealth, mobilize less advantaged groups. Representation drives politics and mobilization of the less privileged translated into welfare schemes.
This will necessarily entail a discussion of how the system is structured, as the policies and rules make a big difference in whether or not EVERY citizen has an equal opportunity to succeed. At the core of the problem are barriers that inhibit or prevent ordinary people from succeeding.
What is happiness, really? In layman terms, happiness translates to satisfaction. Economists tend to relate happiness to the satisfaction of wants- fulfilment of desires through the consumption of goods and services that possess utility.