@JimMahar (Twitter feed)

    follow me on Twitter

    Search This Blog and things linked to from here

    Loading...

    Shared Items

    BonaResponds Slideshow

    Loading...

    I^3: Important, Interesting, and Informative

    I^3: The Best Articles from the past. GREAT for class.

    Top Finance Papers from SSRN

    Labels from past posts

    The SSRN Blog

    Larry Schrenk's FinanceBasics From Univ of Baltimore

    Latest Issue of The Journal of Finance

    The Aleph Blog

    Top25 from ScienceDriect in Econ/Finance

    WSJ Community - Group: Academic Finance

    RandomTopics2

    Thursday, November 19, 2009

    Delayed Economic Reform Killed 14.5 Million Children | Swaminathan S. Anklesaria Aiyar | Cato Institute: Commentary

    Delayed Economic Reform Killed 14.5 Million Children | Swaminathan S. Anklesaria Aiyar | Cato Institute: Commentary:
    "Had reforms started in 1970 rather than 1980, India would have grown faster. In this fast-growth scenario, i assume that per capita income growth in the 1970s would have been what was actually achieved in the 1980s: growth in the 1980s would have been what was actually achieved in the 1990s: and growth in the 1990s would have been what was achieved in 2001-08.

    I calculate the rate of change of infant mortality, literacy and poverty with GDP since 1971. I then apply this rate of change to the fast-growth scenario. This reveals what infant mortality, literacy and poverty would have been with faster growth.

    In a fast-growth scenario, infant mortality would have been less every year, and in 2008 would have been 27 deaths per thousand births, against the actual 54 per thousand. The cumulative number of 'missing children' turns out to be a massive 14.5 million."



    Very sad and something that deserves to be remembered. Could do the same calculation on any of a number of countries.

    0 comments:

    Welcome

    Academic Papers, notes, finance videos, links to classes, reading lists and more. Enjoy!
    Jim

    Have a suggested paper or article? Email me JimMahar at Yahoo.com


    BonaSIMM

    The Harvard Law School Forum on Corporate Governance and Financial Regulation

    Nudge blog

    Predictably Irrational

    Simoleon Sense

    The Psy-Fi Blog

    SBUSchoolofBusiness

    Knowledge@Wharton Interviews

    Bloomberg - All Podcasts

    The Curious Capitalist

    Marketplace

    The Wall Street Journal CEO Radio

    Wall Street Journal What's News

    FinanceClass

    Blog Archive

    Other Blogs of Interest

    FinanceProfessor.com Podcast

    WSJ Opinions