http://renegadeeconomist.com/news/smh-climate-trumping-poor.html Just another WordPress weblog Sat, 07 Aug 2010 12:28:56 -0700 http://wordpress.org/?v=2.8.5 hourly 1 http://renegadeeconomist.com/news/smh-climate-trumping-poor.html/comment-page-1#comment-509 James Sun, 11 Oct 2009 11:22:49 +0000 http://renegadeeconomist.com/?p=734#comment-509 Firstly I agree that poorer countries should focus on development and reducing poverty more than lowering their carbon emissions. But the best way for poor countries in Africa to develop is certainly not by "trade liberalisation, deregulation and open markets". These policies are not "extraordinarily powerful drivers of growth" as the original author Chris Berg from the Institute of Public Affairs (right wing think tank) would have you believe. The policies he states are basically the same policies as the "Washington Consensus" that are enforced by the IMF and World Bank. It is these very same policies that have devastated African nations for years. Meaningful growth and development come from policies that protect, invest, and subsidise local industry and services. It is this model that helped current first world nations reach their level of affluence. The only nations that have followed Berg's policies with any level of success are the Baltic Tigers and the Celtic Tiger. We all know where those bubble nations ended up, in the basket case. Firstly I agree that poorer countries should focus on development and reducing poverty more than lowering their carbon emissions. But the best way for poor countries in Africa to develop is certainly not by “trade liberalisation, deregulation and open markets”. These policies are not “extraordinarily powerful drivers of growth” as the original author Chris Berg from the Institute of Public Affairs (right wing think tank) would have you believe. The policies he states are basically the same policies as the “Washington Consensus” that are enforced by the IMF and World Bank. It is these very same policies that have devastated African nations for years. Meaningful growth and development come from policies that protect, invest, and subsidise local industry and services. It is this model that helped current first world nations reach their level of affluence. The only nations that have followed Berg’s policies with any level of success are the Baltic Tigers and the Celtic Tiger. We all know where those bubble nations ended up, in the basket case.

]]> http://renegadeeconomist.com/news/smh-climate-trumping-poor.html/comment-page-1#comment-480 Chefdave Thu, 01 Oct 2009 18:01:44 +0000 http://renegadeeconomist.com/?p=734#comment-480 Nicely balanced article. Well done 'admin' whoever you are. Nicely balanced article. Well done ‘admin’ whoever you are.

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