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This short note introduces the debate on the future of economic policy and reform of capitalism, to be hosted in a new temporary section of the journal. It is essential to debate how to achieve a balance between 'bread' (economic security) and 'liberty' (political freedom), in a dynamic sense,...
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inevitable, much less natural, and has connected the state of democracy worldwide to rising economic inequality. Wealth transfers … of wealth require that the participatory and representative facets of democracy be kept in check. Beyond suitable … political parties point to two distinct forms of oligarchy in play: plutocracy, representing the decay of liberal democracy, and …
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The article provides a broad-based overview on competing development strategies and the economic performance of developing countries, mainly since the year 2000. Four traditional mainstream development strategies are discussed (Washington Consensus, neo-liberalism, "good governance" and MDGs)...
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