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Federal Reserve Bank of Philadelphia launches economic growth project

August 16, 2017 ·  · Topic: Economic Mobility  · Relevance: bad

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Patrick T. Harker and Theresa T. Singleton speak about about the Philadelphia Federal Reserve Bank’s Economic Growth and Mobility Project during a Tribune editorial board meeting. — ABDUL SULAYMAN/TRIBUNE CHIEF PHOTOGRAPHER Ayana Jones Tribune Staff Writer The Federal Reserve Bank of Philadelphia is striving to strengthen the region’s economy.

The Philadelphia Fed has launched a project designed to achieve inclusive economic growth and create pathways out of poverty.

Patrick T. Harker, president and CEO of the Philadelphia Fed and his team touted the Economic Growth and Mobility Project (EGMP) during a recent Tribune editorial board meeting. The initiative utilizes economic research […]

Persistence of caste system in India makes socio-economic mobility of lower-castes much slower

August 16, 2017 ·  · Topic: Economic Mobility  · Relevance: not sure

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By V Santhakumar*

The breaking down of caste system occurs only when people marry or have sexual relationships and have children with, those who are outside their caste. Otherwise people would continue to carry the caste attribute whether they reject it explicitly or not.

Hence the caste continues to be a factor differentiating individuals in India due to the persistence of intra-caste marriages. Based on the latest data available, around 90 percent of marriages in India happen within the caste even during 21st century.Hence the question of how to break the caste system in India needs to be changed to […]