Rethinking the development agenda

Author: Ocampo J.A.

Source: Cambridge Journal of Economics, Volume 26, Number 3, 1 May 2002 , pp. 393-407(15)

Publisher: Oxford University Press

Abstract:

This paper calls for a development agenda based on five major premises: (1) a more balanced form of globalisation based on a genuine respect for diversity; (2) a broad view of macroeconomic stability, which provides an adequate role for counter-cyclical policies; (3) the need to complement macroeconomic stability with active productive development policies; (4) strong social policies and the mainstreaming of social objectives into economic policies to guarantee adequate linkages between economic and social development; and (5) the recognition that development involves broader human development goals.

Keywords: Development policy; Globalisation; Washington Cons

Language: English

Document Type: Commentary

Affiliations: Executive Secretary, Economic Commission for Latin America and the Caribbean (ECLAC).

Publication date: 2002-05-01

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