Basics

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India’s ‘successful’ toilet campaign may be missing its mark

India’s campaign to end open defecation has been widely celebrated by officials as an innovative and aggressive success. Even Bill Gates recently declared that the country is “winning its war on human waste” with a 360-degree video. But independent surveys and investigations have come to a vastly different conclusion – that victory, unfortunately, is not in sight.

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Report says basic income may not reduce poverty, advocates firmly disagree

As the global economy stares down the barrel of rising inequality and increased automation, more countries are toying with the idea of a universal basic income. But a new report by the Organization for Economic Cooperation and Development (OECD) is less than enthusiastic, saying that without significant tax hikes, a basic income would do little to reduce poverty and even exacerbate it in some cases.

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Top incomes, inequality in China ‘massively underestimated,’ new study reveals

China’s economic miracle has long been hailed as one of the biggest contributors to the fall in the global rate of extreme poverty. But now that growth is slowing and the country is working its way out of the “middle income trap,” economists have turned their focus toward the sharp inequality that latched onto China’s stunning growth. And according to a new study, it’s far worse than previously estimated.

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