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Putting a Human Face on Development
Author(s) -
Ricupero Rubens
Publication year - 2000
Publication title -
international social science journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.237
H-Index - 43
eISSN - 1468-2451
pISSN - 0020-8701
DOI - 10.1111/1468-2451.00274
Subject(s) - face (sociological concept) , unemployment , element (criminal law) , forgetting , mass education , competition (biology) , economics , developing country , inequality , development economics , political science , economic growth , sociology , higher education , law , mathematics , biology , linguistics , philosophy , ecology , social science , mathematical analysis
The century is ending with failure to solve two major threats to the future: mass unemployment and growing inequality. Furthermore, in the poor parts of the world, the very possibility of sustainable development has been questioned by the economic crisis that started in Asia two years ago. This monetary and financial crisis truly deserved to be called a “crisis of development”, for three main reasons. First, it hit almost exclusively most of the developing countries, at the same time sparing and even benefitingthe industrial economies. Second, paradoxically, it was much more destructive in the most advanced of the developing nations. Third, it has created uncertainties and questions regarding the possibility of regaining the previous levels of economic performance that characterised “the Asian tigers”. Competition is very analogous to games. Both need fair rules and impartial arbiters. Governments and trade negotiators think that these are sufficient, forgetting a third and fundamental element. To play a game, you have to learn how to play it; through education and time to train. A key to success will be access to information.