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One new calculation that's been attracting attention is the Happy Planet Index (HPI), which combines economic metrics with indicators of well-being, including subjective measures of life satisfaction, which have become quite sophisticated (HPI uses data from Gallup, World Values Survey, and Ecological Footprint). The HPI assesses social and...
Now, the best way to cope with the potential ramifications is to mandate more transparency. If there is to be no ceiling on spending, then voters should claim the right to know which organizations are giving the most money and have the biggest influence. Transparency can grow through more widespread...
But instead of scaring students away from careers in finance and consulting, last year’s job hunt woes have inspired a degree of creativity among applicants and strengthened their resolve to break into these industries, Mount said.
Now, however, India may finally have one up on its high-octane rival. Though India still can't compete on top-line economic growth - the World Bank projects India's gross domestic product (GDP) will increase 6.4% in 2009, far short of the 8.7% that China announced in mid-January...
India, meanwhile, isn't experiencing nearly the same degree of fallout from its recession-fighting methods. The government used the same tools as every other to support growth when the financial crisis hit - cutting interest rates, offering tax breaks and increasing fiscal spending - but the scale was smaller than in...