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...ambitious National Rural Health Mission. The Congress Party, which leads India's coalition government, says it will increase public-health spending from the current 1% of India's GDP to up to 3% by 2010, but that's still just half the rate at which countries with comparable per capita incomes such as Senegal and Mongolia fund their health sectors. "What has been a fatal flaw in our approach is that we have gradually abandoned comprehensive health care and a public-health perspective for focused attention on selective diseases," Prime Minister Singh said at the April 2005 launch...

Author: /time Magazine | Title: India's Medical Emergency | 5/1/2008 | See Source »

...only gets worse: current trends suggest inflation will spiral even further out of control in the upcoming months. Inflation represents only one of the problems of the country. According to the International Monetary Fund (IMF), Zimbabwe has had negative GDP growth rate for the past decade, with GDP per capita falling by 40 percent in the past seven years. During the same time Zimbabwe has experienced a 51 percent drop in agricultural output, a 47 percent fall in industrial production, and a 35 percent decline in resources output. The alarming warning signs of the late 1990s led foreign investors...

Author: By Samad Khurram | Title: Save Zimbabwe | 4/28/2008 | See Source »

...been separated since the end of the Korean War. Perhaps more importantly, Lee is making greater economic ties contingent on progress in denuclearization. If Kim completely abandons all of his nuclear programs, Lee says he'll institute a vast aid package aimed at tripling North Korea's annual per capita gross national income to $3,000. (South Korea's is more than $20,000.) Says Kim Tae Hyo, Lee's secretary for national strategy: "Big-scale inter-Korean projects will be linked to the progress of the six-party talks...

Author: /time Magazine | Title: No Mr. Sunshine | 4/10/2008 | See Source »

...start with the pet concerns of Sarkozy's star advisers. Sen, a development economist at Harvard, has long argued that health is a big part of living standards--and in 1990 he helped create the United Nations' Human Development Index, which combines health and education data with per capita GDP to give a more complete view of the wealth of nations (the U.S. currently comes in 12th, while on per capita GDP alone, it ranks second). Stiglitz, a Columbia professor and former World Bank chief economist, advocates a "green net national product" that takes into account the depletion of natural...

Author: /time Magazine | Title: Don't Ditch the GDP | 4/10/2008 | See Source »

...Richard Easterlin that the happiness of a nation's inhabitants didn't necessarily rise with its GDP. But the recent explosion in happiness surveys has enabled a soon-to-be-published reappraisal by the University of Pennsylvania's Betsey Stevenson and Justin Wolfers, who find that happiness tracks per capita GDP pretty closely. Money really does matter. GDP does...

Author: /time Magazine | Title: Don't Ditch the GDP | 4/10/2008 | See Source »

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