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Growth and Development: Critique of a Credo
Authors:Herman E. Daly
Affiliation:Professor, School of Public Policy, University of Maryland, College Park.
Abstract:With so much academic prestige and business and government experience represented on the Commission that produced the World Bank's Growth Report, issued in 2008, the reader comes to it with hopeful expectations. Unfortunately the Report is largely an apologia for globalization, the World Bank, and GDP idolatry. The Report's major failures and fallacies are identified and examined.
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