Development in defiance of the Washington consensus

Stiglitz in the Guardian: Development in defiance of the Washington consensus:

China is about to adopt its 11th five-year plan, setting the stage for the continuation of probably the most remarkable economic transformation in history, while improving the wellbeing of almost a quarter of the world’s population. Never before has the world seen such sustained growth; never before has there been so much poverty reduction.

(Via Robot Wisdom.)

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