"Democratic Development as the Fruits of Labor"

© Perspectives on Work, 2000
Volume: 4 | Issue: 1 | Pages: 31-38

Publication type: Journal article

Research Archive Topic: Business Economics and Public Policy, World Business

Abstract

The author argues that the Washington consensus is too narrow in its objectives - in its focus on GDP - and in what it sees as the instruments of development, the improvement of resource allocation, through trade liberalization, privatization and stabilization, that development needs to be seen as a transformation of society, a change in mindsets, and that workers and workers' institutions have to be at the center of the development process.

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