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Economic Insecurity and Development

Release Date: February, 2011
ISBN 13: 9788125037743
Sales Number: 11.II.C.3
256 page(s), 6x9
Binding: Paperback
Publisher: United Nations, Department of Economic and Social Affairs

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A growing sense of increased economic insecurity has emerged worldwide. Though many parts of the world have seen increasing prosperity in recent decades, economic progress has been accompanied by highly volatile markets, rising inequality, greater job insecurity, and weakening or non-existent social protection. Concerns about income security have been compounded by new global threats like climate change and increasingly destructive natural disasters. The global financial crisis revealed the potentially devastating risks of inadequately regulated markets. Until recently, these heightened economic risks have often been met with the response that the forces behind them are autonomous and irresistible, beyond our collective political control. This book argues that such complacency is the wrong response to increasing levels of economic insecurity. Instead, it calls for more active and integrated policy responses.

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