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Item Details
Title: DEVELOPMENT REDEFINED
HOW THE MARKET MET ITS MATCH
By: Robin Broad, John Cavanagh
Format: Paperback

List price: £37.99
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ISBN 10: 1594515239
ISBN 13: 9781594515231
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Publisher: TAYLOR & FRANCIS LTD
Pub. date: 30 August, 2008
Pages: 160
Description: This brief history of development moves from the earliest beginnings of the Bretton Woods system following World War II to the contemporary scene of globalization, environmental degradation, and international protest against what has long reigned as the "Washington Consensus" imposed by the rich on the poorer nations of the world. Broad and Cavanagh challenge the top conventional thinkers, and take readers on a three-decade journey through the rise and fall of the one-size-fits-all model of corporate-led development. With vivid examples, the book charts the advent of the "alter-globalization" movement of those adversely affected by the failing dominant model, and redefines development to put their needs and experiences first.
Synopsis: Rejecting the "flat worldism" of the globalists as well as the peaks and valleys of trade and aid policies over the years, Robin Broad and John Cavanagh guide us through the raging debate over the best route to development for the poorer nations of Africa, Asia, and Latin America. This book takes readers on a journey through the rise and fall of the one-size-fits-all model of development that richer nations began imposing on poorer ones three decades ago. That model-called the "Washington Consensus" by its backers and "neoliberalism" or "market fundamentalism" by its critics-placed enormous power in markets to solve the problems of the poor. The authors have stood at the epicenter of these debates from their perches in the United Nations, the U.S. government, academia, and civil society. They guide us back in time to understand why the Washington Consensus dominated for so long, and how it devastated workers, the environment, and the poor. At the same time, they chart the rise of an "alter-globalization" movement of those adversely affected by market fundamentalism. Today, this movement is putting alternatives into action across the globe, and what constitutes development is being redefined. As the authors present this dramatic confrontation of paradigms, they bring into question the entire conventional notion of "development," and offer readers a new lens through which to view the way forward for poorer nations and poorer people. This brief history of development connects an arcane world with contemporary forces of globalization, environmental degradation, and the violation of perhaps the essential human right: to be considered individually, equally, in an economically viable world and way.
Publication: UK
Imprint: Paradigm
Returns: Returnable
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