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Market Forces and World Development, PDF eBook

Market Forces and World Development PDF

Edited by Renee Prendergast, Frances Stewart

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The increasing liberalization and globalisation of the world economy has not been accompanied by covergence in the various indicators of economic and social development.

The papers in this volume go some way towards explaining why the increasing reliance on market forces may lead to greater divergences in economic performance.

They also point to the importance for the development process of social solidarity and institutions which encourage co-operative approaches to problem solving.

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