Globalisation and specialisation
PBS’s [wide angle] covered the Indian farmer suicide issue in their episode today. The good news is that all that sad news and sorrow is alleviated towards the end by the wisdom of Jagdish Bhagwati, globalisation’s brown knight, who offered such gems as:
India specialises in poverty
The link to the interview transcript (PDF) is currently broken, but let that not prevent you from enjoying Bhagwati elsewhere.