Link: International Development and applied economics Posts are not regular because of my busy academic program until 2017/18. Please stay in touch, I will be back with more creative ideas after finishing the program. I would like to thank you for the love and support. Apologies for the inconvenience ! 🙂
Nobel Peace Prize Laureate Prof Joseph Stiglitz- former Chief Economic Advisor to President Bill Clinton and World Bank) has claimed that globalisation has been discontents, so He has suggested the way of Making Globalisation Work. In his words: The Washington consensus had paid too little attention to equity. (17) Global warming has become a true challenge of globalization. (17) Economic... Continue Reading →
Populism is, perhaps, a way of becoming popular for ‘vote’ and ‘note’ so that that power is easily captured. Populism is a path of politicians and celebrities who want to be ‘popular’ even being ‘naked’; probably naked is not physically but thoughtfully.
There are attractive photographs or visualisation around the food. Chefs like to display their culinary art in an attractive and decorative way to lure their customers. However, food is more than attractive advertisement and it is a matter of quality, hygiene and nutritional ingredients. A good governance policy must include how ‘food economy’ is being cared.... Continue Reading →
Formal countdown of globalisation has been started when Trump announces his territorial policy. I appreciate to him as he is at least open to tell the fact. If the world still believes in globalised values and norms then it must think how harmony is maintained...
This morning, I had a lovely time to watch Television with strong black coffee and bread and butter. I was updating global news on BBC Breakfast. Hobby is making me crazy. For a conversation Professor Andre Spicer was presented on the screen. Spicer was talking about corporate behaviour. In the answer of a question he... Continue Reading →
Food bank is the non-profit organization that distributes food to those who are unable to purchase when affecting from natural disaster, weak physical and mental condition, bankrupt, and orphan. There are varieties of food bank models run by charity organisations, community, and churches as well as private individuals. John van Hengel foundedfirst food bank in... Continue Reading →
We celebrated the UN World Happiness Day on March 20th. On the occasion, World Happiness Report 2016 was published by ranking 157 countries and their happiness levels. This is third report since it first published in 2012. Happiness is a feeling of contentment. Perfect happiness comes when all needs of the person are satisfied and... Continue Reading →
This post was inducted / shared in a public lecturer programme organised by University of Bath-FL, UK. Many thanks to Dr. Steve Cayzer, Lecturer of Bath University for the brilliant presentation:
Trust is one of the most valuable asset in the workplace even all aspects of life. Once trust is lost it is almost impossible to earn back. Many marriages, friendships, businesses or even governments fail because of lack of trust. Trust return in equal measure to how it has been given. It depends on the circumstances too. Conflict between interest lead to mistrust that ultimately lead failure state. So leader is responsible to unify the interest.
There is mistrust going on between bankers and government. Because of ongoing financial crises governments have been seeking support from the bankers to put cap on their bonus. For example news published in The Guardian on Tuesday 4 March 2014 said that HSBC, UK decided to pay its chief executive an additional £32,000 a week in allowances on top of his £1.2m salary, Virgin Money raised the salary of its boss…
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Recently, when gathering in Davos, Switzerland leading economists and academics agreed that ‘‘GDP is a poor way of assessing the health of our economies and we urgently need to find a new measure.’’ Speaking in different sessions, IMF head Christine Lagarde, Nobel Prize-winning economist Joseph Stiglitz, and MIT professor Erik Brynjolfsson stressed that as the world changes, so too should the way we measure progress.’’
Oxfam’s latest report claims that income inequality has reached a new global extreme, exceeding even its predictions from the previous year. The figures behind this claim are striking – just 62 individuals now hold the same wealth as the bottom half of humanity, compared to 80 in 2014 and 388 in 2010. It appears not only... Continue Reading →
Participatory Economics is a model for a new economy based on democracy, justice and ecological sustainability proposed as an alternative to our current economic system. Economies in the 20th century The two dominant economic systems in the last century can generally be described as capitalism and centrally planned socialism. Capitalist economies are based around... Continue Reading →
The Equality Trust’s Focus on Economic Inequality Economic inequalities are most obviously shown by people’s different positions within the economic distribution - income, pay, wealth. However, people’s economic positions are also related to other characteristics, such as whether or not they have a disability, their ethnic background, or whether they are a man or a woman. While... Continue Reading →
It addresses the impacts and side effects of philanthropic engagement by taking a closer look at the priorities and operations of two of the most prominent foundations, the Rockefeller Foundation and the Bill & Melinda Gates Foundation, in two crucial sectors, health and agriculture.
The amount of food wasted and lost globally is shameful as millions of people around the world go to bed hungry every night. It is also an unnecessary waste of the land, water and energy resources that were used in the production, processing and distribution of wasted food. According to the Food and Agricultural Organization (FAO) in the world it is estimated that about worth of $1 trillion food gets lost or waste in production and consumption systems, more than 840 million people do not have enough food to eat.