Poverty
Human deprivation in South Asia
IPN Opinion article
"Economic growth is like a wild horseóit needs to be trained to serve the real interests of society. If the horse misbehaves in some societies, leading to deprivation of many human lives, then the fault is not that of the horse but the skill of the rider. Economic growth is essential in poor societiesóbut even more important is its structure and distribution. While policy makers must accept the logic of the marketplace, they must also turn around and make markets work more efficiently in the interest of all people. It is people friendly markets that are needed."
Free market best by test
IPN Opinion article
\"Antiglobalists insist anything big and market oriented is bad. But the major problem in the third world is the lack of capital, knowledge and technology. The most efficient way to transfer this is through foreign investments. Investors have transferred 1-trillion to the developing countries in the past decade more than all aid since the Second World War.\"
