Mary Njeri Kinyanjui writing in World Policy:
Globalization offers an integrated economy in the sense that actions occurring in distant parts of the world affect each other, but this integration has not thus far led to inclusivity or sustainability. Theorists like Joseph Stiligtz, David Harvey, and Jeffrey Sachs, as well as global finance institutions, are developing proposals for a future economy that would promote these basic principles. According to Stiglitz, this new global economy necessitates revised contracts between citizens and their governments. One such contract that desperately needs revision is that between peasants, artisans, and traders in Africa; and governments, development practitioners, and financiers...[more]
