Inclusive Development Strategy in an Era of Globalization

36 Pages Posted: 31 Jul 2006

See all articles by Ignacy Sachs

Ignacy Sachs

International Labour Organization (ILO) - Policy Integration Department

Date Written: May 2004

Abstract

The paper emphasizes the increasing need to include all countries within the process of globalization; especially from the developing world. It argues that nation states remain the key to promoting more inclusive development. The paper suggests this goal can be achieved through the institution of an international economic order based on the principle of the unequal treatment of unequals, the promotion of fair trade, the increased flow of public aid without strings attached, and the transformation of science and technology into public goods. Consequently, inclusive globalization would facilitate the transition needed for inclusive development. However, this would require more "development from within" the countries and focusing on national strategies.

This paper was written as an insight into the work of the World Commission on the Social Dimension of Globalization 2004 that aims to provide a fairer globalization for all.

Keywords: inclusive, development strategy, globalization

JEL Classification: F02, O19

Suggested Citation

Sachs, Ignacy, Inclusive Development Strategy in an Era of Globalization (May 2004). Available at SSRN: https://ssrn.com/abstract=908233 or http://dx.doi.org/10.2139/ssrn.908233

Ignacy Sachs (Contact Author)

International Labour Organization (ILO) - Policy Integration Department ( email )

4 route des Morillons
Geneva 22, 1211
Switzerland

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