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Numerous studies have found a strong correlation between high corruption and lower economic growth, as corruption creates an invisible tax on all economic activity. It hurts trade, investment, the effectiveness of government expenditure, and, critically for developing countries, the prospects of innovation. This problem is very salient in India today; the 2009 Transparency International Corruption Perceptions Index ranks India as a dismal 84th, a distressing result for the world’s second-fastest growing economy...

Author: By Ravi N. Mulani | Title: ‘I Will Give You Nothing for That’ | 4/20/2010 | See Source »

...zero-rupee note attacks this social problem through social, rather than political, means. Various news sources have reported that officials are often shocked and shamed when given the note and quickly perform the necessary service without a bribe. One man who was overcharged for a car-parking fine, Ashok Jain of Chennai, immediately shamed the attending policemen into charging him the correct fee by handing them a zero rupee note, and an old lady who had been fighting for a land title for years gave the note to a local official and finally received the document after over a year...

Author: By Ravi N. Mulani | Title: ‘I Will Give You Nothing for That’ | 4/20/2010 | See Source »

...Rebecca Marsden, a 25-year-old cadet, says there will be no problem with that: "We can't wait to go to Afghanistan." But it's not just the Taliban that Sandhurst's alumni will have to worry about. As it prepares for a general election on May 6, Britain is having to come to terms with a grim reality: its armed forces are in a state of crisis. Soldiers are profoundly battle weary. Grim statistics tell one part of the story: 179 British soldiers killed in Iraq between 2003 and 2009; 280 lost to the conflict in Afghanistan since...

Author: /time Magazine | Title: Defense of the Realm: Britain's Armed Forces Crisis | 4/19/2010 | See Source »

...service and the military that are forming a kind of virtual manual of how to not to run such operations. General Frederick Viggers, Britain's senior military representative in Iraq in 2003, told the inquiry that a lack of expertise in Whitehall was responsible for - and continues to create - problems on the ground. "We are putting amateurs into really important positions and people are getting killed as a result of some of these decisions," he said. Nigel Adderley, a former army officer and now an analyst at the London-based International Institute for Strategic Studies, agrees there's a problem...

Author: /time Magazine | Title: Defense of the Realm: Britain's Armed Forces Crisis | 4/19/2010 | See Source »

...Army chief General David Richards countered with a swipe against "hugely expensive equipment" of the kind procured for navy use. The spat highlighted a fundamental problem for defense planners: nobody knows where future conflicts will erupt or what kinds of resources they will demand. Governments set the aspirations of their military according to best guesses. "We've got to think through much more carefully whether Britain should get involved in a foreign conflict, and if so, how to cope with the consequences," said David Cameron, the Conservative Party leader campaigning to win the upcoming parliamentary elections. "Britain will have...

Author: /time Magazine | Title: Defense of the Realm: Britain's Armed Forces Crisis | 4/19/2010 | See Source »

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