Rethinking Development (original) (raw)

The model of development prevalent over the last sixty years, primarily focused on economic growth via high-cost, high-energy technologies, has not led to equitable wealth distribution. Evidence indicates an increasing gap between rich and poor, both globally and within nations, resulting in social unrest and insecurity. Current international agencies recognize that development without equity is unsustainable and suggest that to reduce inequalities, markets must be governed more equitably and domestic actions should support the empowerment of the poor. The overarching goal is to integrate existing approaches while emphasizing the need for equitable rules in various markets.