Key Approaches

Annotations:

• 80/90s

1. Free market solutions
   1. Competition drives innovation
      1. entrepreneur
   2. economic growth
2. Limited state intervention
3. Residual poverty
   1. wealth trickles down
4. unplanned development
5. William Easterly

1. Relational poverty
   1. Left over from historical development
   2. redistribution of wealth
2. planned development
3. state control
   1. regulation
4. Marxist/leftist
5. Jeffrey Sachs

1. mid-way Neolib/Struct
2. market driven
   1. overall state control
3. Blair/Clinton
4. Paul Collier

Annotations:

• 80s = counterpoint to the rise of neoliberalism

1. meeting peoples needs

   Annotations:

   • low levels of poverty low levels of unemployment relative equality democratisation of political life true national independence good literacy and ed levels relative equal status of women sustainability
   1. improving education & skills
   2. improving health
   3. accountable government
2. the big society
   1. empowerment
   2. participation
3. MDGs
   1. "if humanity is lacking then the economy will be adversely affected"