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Capitalism: A Ghost Story | Arundhati Roy

Capitalism: A Ghost Story | Arundhati Roy | Global Development News | Scoop.it
Rockefeller to Mandela, Vedanta to Anna Hazare.... How long can the cardinals of corporate gospel buy up our protests?
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Trading up from poverty

Trading up from poverty | Global Development News | Scoop.it
WASHINGTON, DC – A long-held tenet of international-trade theory is that, in the long run, increased trade correlates with faster GDP growth.
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PIRatE Lab's curator insight, January 6, 2014 9:33 AM

I understand all of the macroeconomic arguments, but am still not convinced that the World Bank is the best engine for economic development out there.  Globalization has (from my perspective and the studies I have examined) been quite wrenching and harmful in terms of local, traditional communities/cultures and in terms of overall environmental quality.  I like the fact the World Bank seems more focused on the lower 40% of the world's population (measured by income), but somehow I am not sure they will be particularly successful.