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Deepa J

India ranks 119 on human development index - Economic Times - 0 views

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    This article is about the rapid economic growth that New Delhi (India's capital city) had undergone. India's economic indicators are very poor such as life expectancy rate, education and per capita income. Majority of the population of India is illiterate and may children drop out of school in order to earn money for the family. The average number of years a person spends in school in Indian is 4.4 years whereas the global average is 7.4 years. The PPP in terms of Indians was less than a third of the world average. Life expectancy rate has increased in Indian by about 9% which is a big development.  
Deepa J

Is Pakistan's economy heading for another downturn? - Economic Times - 0 views

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    This article is about how Pakistan is back into its state of crisis. Pakistan is using their resources but there are obstacles on the way to development. One such obstacle in this article is the government which leads to corruption. The Pakistani government cannot be relied upon as it is because of them that the economy is in such a bad state. The rich get richer and the poor get poorer. The TOT has improved for the agricultural sector in the rural areas but in the urban areas the poverty rate is increasing by a lot. This is another obstacle. The government is spending much more than what it is able to collect by way of taxes. In 2011 the tax rate dropped significantly and is the lowest among all developing countries, but this did not stop the government to reduce their expenditure. 
Jackson Mote

Using Microfinance to Bring Clean Water to India's Poor - 0 views

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    This article describes how micro finance can be used to bring amenities to individuals who previously had none. If applied correctly, this financing could be very effective in improving quality of life in India.
Noah F

M-East struggles for water, better living conditions - 0 views

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    This article discusses how the M-East Ward is struggling due in part to one of the dumping grounds in its area. This dumping ground is a big problem since it causes many illnesses and other negative externalities. This article shows how a poor group has a very hard time influencing any political figures in making change happen in their community and thus one of their few chances at improvement is not available.
Jackson Mote

Poverty in Nigeria is rising with almost 100 million people living on less than $1 a da... - 0 views

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    This article show the extremely high rate of poverty in Nigeria. This poverty rate has increased by 6.3% in the past in the past 4 years. Efforts to decrease this poverty have all but failed and the gap between the rich and the poor continues to increase.
Noah F

Microcredit Was Misused to Make Money From the Poor: Grameen Bank's Yunus - 0 views

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    This article is an interview with Bangladesh's Grameen Bank founder Muhammad Yunus who just received the nobel peace prize for his work with micro credits. This article discusses many of the problems with people misusing micro credits to make personal gains.
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