...In January 2006, nef (the new economics foundation) published the report Growth isn’t working.9 It highlighted a flaw at the heart of the economic strategy that relies overwhelmingly upon economic growth to reduce poverty. The distribution of costs and benefits from global economic growth, it demonstrated, are highly unbalanced. The share of benefits reaching those on the lowest incomes was shrinking. In this system, paradoxically, in order to generate ever smaller benefits for the poorest, it requires those who are already rich and ‘over-consuming’ to consume ever more. read moreWho among us doesn't want to see a 9 billion ton hamster?
Wednesday, January 27, 2010
9 billion ton hamster
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2 comments:
Interesting to know about economics terms how to make a benefit and take advantage all of this, just to prevent some crisis.
I've been visiting the blog and I really liked what you did in this opportunity, this video was something special. Today, neoliberal approaches to development, as promoted by the World Bank, IMF, and WTO includes extending and enforcing property rights, especially to land, to the poor, and making financial services, notably savings, accessible. 2j3j
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